In 2023, Italy and Spain dominated the European whole fresh shrimps and prawns production in capture fisheries for human consumption, with Italy holding 38.6 Euros and Spain closely trailing at 36.46 Euros. Notable growth was observed in Germany and Cyprus, with year-on-year increases of 63.78% and 40.85%, respectively. In contrast, significant declines were reported for Iceland and the United Kingdom, at -18.18% and -16.92%. Portugal also experienced a significant positive shift with an 8.6% increase.
Future trends to watch involve sustainability practices and technological innovations in fishing to bolster production amidst climatic challenges. Additionally, countries experiencing growth may continue to expand their market share. Monitoring geopolitical factors affecting fishing rights and regulations will also be crucial for predicting market shifts.
Top countries in Whole Fresh Shrimps and Prawns Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 38.6 | 2023 | -9.02% | -4.45% | View data |
| 2 | 2 Spain | 36.46 | 2023 | +6.55% | -3.13% | View data |
| 3 | 3 Greece | 7.15 | 2023 | +0.29% | +2.4% | View data |
| 4 | 4 Portugal | 4.88 | 2023 | +2.69% | +8.6% | View data |
| 5 | 5 Norway | 3.9 | 2023 | +21.22% | +0.53% | View data |
| 6 | 6 Ireland | 2.12 | 2022 | +100.76% | View data | |
| 7 | 7 France | 1.97 | 2023 | +6.54% | +4.42% | View data |
| 8 | 8 Denmark | 1.56 | 2023 | +6.6% | +6.17% | View data |
| 9 | 9 Iceland | 1.52 | 2023 | -23.35% | -18.18% | View data |
| 10 | 10 Croatia | 0.97 | 2023 | -2.42% | +1.28% | View data |