The 2023 data shows Spain leading European fresh blue and red shrimp production in capture fisheries at 41.97 thousand euros per metric ton. Portugal follows at 29.08, with Italy at 24.26, Malta at 21.56, and Cyprus last at 20.9. Notably, year-on-year growth in 2023 revealed Malta with the highest increase at 6.83%, while Spain and Italy also saw growth at 4.9% and 1.64%, respectively. Portugal and Cyprus exhibited marginal gains. The compound annual growth rate over the past five years suggests a steady market escalation.
Looking ahead, European shrimp producers should monitor potential shifts in environmental policies, technological advancements in capture methods, and emerging market demands that could impact production levels and pricing. Sustainable practices and supply chain optimization are crucial for future resilience and growth.
Top countries in Fresh Blue and Red Shrimp Production in Capture Fisheries by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 41,970 | 2023 | +9.15% | +4.9% | View data |
| 2 | 2 Portugal | 29,080 | 2023 | +24.59% | +0.8% | View data |
| 3 | 3 Italy | 24,260 | 2023 | -6.71% | +1.64% | View data |
| 4 | 4 Malta | 21,560 | 2023 | -30.98% | +6.83% | View data |
| 5 | 5 Cyprus | 20,900 | 2023 | +2.46% | +0.52% | View data |
