In 2023, European countries demonstrated varying degrees of profitability in total forkbeards production in capture fisheries. Portugal led with a value of 4.96 thousand euros per metric ton, followed closely by Cyprus at 4.91, France with 4.56, Spain at 3.81, and Croatia trailing at 2.72. Year-on-year, Croatia exhibited a remarkable growth of 10.59%, while Portugal and Spain observed modest gains at 3.35% and 2.57%, respectively. Examining the five-year CAGR, Portugal, Cyprus, and Spain have maintained a relatively steady growth pattern in production value.
Future trends to watch include a potential rise in sustainable fishing practices and technological advancements in capture fisheries, which may apply upward pressure on the profitability per metric ton. Moreover, regulatory changes and climate impacts could significantly influence production trends across these European countries.
Top countries in Total Forkbeards Production in Capture Fisheries by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 4,960 | 2023 | +6.95% | +3.35% | View data |
| 2 | 2 Cyprus | 4,910 | 2023 | +15.68% | +3.26% | View data |
| 3 | 3 France | 4,560 | 2022 | +6.63% | View data | |
| 4 | 4 Spain | 3,810 | 2023 | -2.37% | +2.57% | View data |
| 5 | 5 Croatia | 2,720 | 2023 | -2.43% | +10.59% | View data |
