In 2023, Greece led European Fresh Red Porgy production with 733.77 metric tons, a slight increase of 2.1% from the previous year. Italy and Spain followed with 267.1 and 266.33 metric tons, showing significant growths of 11.66% and 1.46%, respectively. France and Portugal both experienced modest outputs, with France showing a small increase, while Portugal saw a decrease of 6.14%. Croatia and Cyprus reported lower production levels, with Croatia recording an 11.61% increase and Cyprus a minor decline of 0.53%. Over five years, the compound annual growth rate (CAGR) highlights varying growth patterns, with some countries expanding rapidly and others contracting.
Looking forward, key trends to watch include technological advancements in fishing, regulatory changes affecting capture quotas, and shifts in consumer demand influenced by sustainability concerns. These factors will likely impact production volumes, with Greece, Italy, and Spain expected to maintain their leadership, while smaller producers like Croatia may explore growth opportunities.
Top countries in Fresh Red Porgy Production in Capture Fisheries for Human Consumption by Country
| # | 7 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 733.77 | 2023 | +2.48% | +2.1% | View data |
| 2 | 2 Italy | 267.1 | 2023 | +35.38% | +11.66% | View data |
| 3 | 3 Spain | 266.33 | 2023 | -14.66% | +1.46% | View data |
| 4 | 4 France | 118.8 | 2023 | +6.93% | +3.38% | View data |
| 5 | 5 Portugal | 117.64 | 2023 | -0.13% | -6.14% | View data |
| 6 | 6 Croatia | 10.04 | 2023 | -5.25% | +11.61% | View data |
| 7 | 7 Cyprus | 3.97 | 2023 | -8.3% | -0.53% | View data |