In 2023, Cyprus led in European Fresh Picarels production at 14.34 thousand euros per metric ton, followed by Spain and Slovenia. Notable year-on-year variations include Cyprus's 17.5% increase, Spain's 11.56% rise, and a slight decline in Italy by 3.19%. Over the last five years, the market has experienced diverse trends, with fluctuations primarily in Cyprus and Spain, while Italy has shown a downward trajectory.
Future trends to watch include:
- The potential for technological advancements boosting capture efficiency, especially in dominant countries like Cyprus and Spain.
- Sustainability practices and regulations which may impact production costs and volumes across Europe.
- Market demand changes, possibly influenced by environmental concerns and consumer preferences.
Top countries in Fresh Picarels Production in Capture Fisheries by Country
| # | 9 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 14,340 | 2023 | +17.5% | +17.5% | View data |
| 2 | 2 Spain | 3,970 | 2023 | -8% | +11.56% | View data |
| 3 | 3 Slovenia | 3,540 | 2023 | -2.31% | +4.55% | View data |
| 4 | 4 Malta | 2,690 | 2023 | +5.71% | +1.94% | View data |
| 5 | 5 Croatia | 2,540 | 2023 | +24.46% | +5.23% | View data |
| 6 | 6 Italy | 2,440 | 2023 | -12.98% | -3.19% | View data |
| 7 | 7 France | 2,240 | 2022 | +175.45% | View data | |
| 8 | 8 Bulgaria | 1,530 | 2022 | +97.44% | View data | |
| 9 | 9 Portugal | 1,290 | 2023 | -1.46% | +0.36% | View data |
