The data from 2023 reveals that Malta leads in the production value of fresh European barracuda for human consumption at 7.07 thousand euros per metric ton, followed by Italy at 4.55, Croatia at 3.41, Portugal at 2.91, and Spain at 2.15. Year-over-year variations indicated a decline in production value in Malta by 0.24% and in Croatia and Portugal by 2.67% and 2.76% respectively, while Italy and Spain experienced increases of 1.34% and 3.09%. The five-year average CAGR suggests subtle fluctuations, highlighting varied development patterns across countries.
Looking ahead, future trends to be observed include:
-The sustainability and innovation in fishing practices could affect production value.
-Economic conditions and market demand will play a crucial role in driving commodity value differences among these nations.
-Regulatory changes in fishing quotas and environmental policies might impact production.”
Top countries in Fresh European Barracuda Production in Capture Fisheries for Human Consumption by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 7,070 | 2023 | +9.29% | -0.24% | View data |
| 2 | 2 Italy | 4,550 | 2023 | +3.9% | +1.34% | View data |
| 3 | 3 Croatia | 3,410 | 2023 | -18.69% | -2.67% | View data |
| 4 | 4 Portugal | 2,910 | 2023 | -3.45% | -2.76% | View data |
| 5 | 5 Spain | 2,150 | 2023 | -1% | +3.09% | View data |
