In 2023, Norway led Ballan Wrasse production with a value reaching 33.27 thousand euros per metric ton, representing a 3.45% increase year-on-year. Portugal followed with 3.46, Spain at 2.89, Denmark at 2.57, and France at 1.89, with France seeing the highest growth rate of 4.58%. Over the past five years, these countries have experienced varied growth, reflecting wider market dynamics. Notably, Denmark showcased significant resilience with a 3.7% increment.
Future trends to watch include:
- Increased emphasis on sustainable practices influencing capture methodologies.
- Potential market shifts due to changing consumer preferences and regulatory pressures.
- Technological advancements in fisheries impacting production efficiency across Europe.
Top countries in Total Ballan Wrasse Production in Capture Fisheries for Human Consumption by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 33,270 | 2023 | +4.78% | +3.45% | View data |
| 2 | 2 Portugal | 3,460 | 2023 | +15.06% | +0.37% | View data |
| 3 | 3 Spain | 2,890 | 2023 | +11.41% | +0.76% | View data |
| 4 | 4 Denmark | 2,570 | 2023 | +10.23% | +3.7% | View data |
| 5 | 5 France | 1,890 | 2023 | -9.5% | +4.58% | View data |
