In 2023, Italy emerged as the leading producer of fresh European flying squid with a significant 26.73% year-on-year increase, contrasting with Spain's 15.11% decline. Ireland witnessed a notable growth of 12.81%, while Norway also showed robust expansion at 22.36%. Portugal's production level remained stable, indicating no variation. Over the past five years, these figures contribute to an overall positive CAGR for the region's squid production, despite mixed performances across nations.
Future trends to watch include Italy's continued dominance and potential market saturation, Spain's recovery strategies to counter the recent drop, and emerging opportunities in Norway and Ireland due to their recent growth streaks.
Top countries in Fresh European Flying Squid Production in Capture Fisheries for Human Consumption by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,192,800 | 2023 | -12.75% | +26.73% | View data |
| 2 | 2 Spain | 893,450 | 2023 | -11.92% | -15.11% | View data |
| 3 | 3 Ireland | 578,450 | 2023 | +3.62% | +12.81% | View data |
| 4 | 4 Norway | 19,010 | 2023 | +35.71% | +22.36% | View data |
| 5 | 5 Netherlands | 15,760 | 2022 | View data | ||
| 6 | 6 Portugal | 6,840 | 2023 | +10.22% | View data | |
| 7 | 7 Sweden | 5,100 | 2022 | -77.37% | View data | |
| 8 | 8 Iceland | 4,570 | 2021 | +125.78% | View data |
