In 2023, Cyprus led the European Total Sharpsnout Seabream production in capture fisheries with the highest value per metric ton, followed by Slovenia and Malta. Positive year-on-year trends were notable, particularly in Malta with a 24.74% increase, while Italy and France faced declines. Over the last five years, the compound annual growth rate suggests fluctuating growth, with some countries experiencing significant value variations, highlighting a dynamic market landscape.
Future trends to monitor include sustainability initiatives and market demand shifts, which may influence production strategies and economic returns across European countries. Adapting to regulatory changes and technological advancements will be crucial for maintaining competitive advantage.
Top countries in Total Sharpsnout Seabream Production in Capture Fisheries by Country
| # | 8 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 20,340 | 2023 | +6.04% | +2.47% | View data |
| 2 | 2 Slovenia | 12,320 | 2023 | -10.68% | +1.33% | View data |
| 3 | 3 Malta | 10,190 | 2023 | +235.38% | +24.74% | View data |
| 4 | 4 Croatia | 8,430 | 2023 | -6.56% | +6.56% | View data |
| 5 | 5 Portugal | 7,460 | 2023 | -0.98% | +5.18% | View data |
| 6 | 6 France | 7,050 | 2023 | +2.42% | -5.84% | View data |
| 7 | 7 Italy | 5,400 | 2023 | -20.41% | -15.94% | View data |
| 8 | 8 Spain | 4,470 | 2023 | +0.82% | -2.95% | View data |
