In the European fresh smooth-hound production market, Italy leads with the highest capture fisheries value at 2.8284 million Euros in 2023, followed by the United Kingdom, Spain, Portugal, and Croatia, all with values under 0.4 million Euros. Croatia experienced the highest annual growth rate at 11.2% from 2022 to 2023, while the Netherlands saw a significant 27.98% increase. Over the past five years, the compound annual growth rate (CAGR) has been a vital indicator of consistent expansion, particularly in Portugal and Slovenia, which both demonstrated notable average annual growth.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable seafood, influencing market demand.
- The impact of environmental policies on fishing practices and production volumes.
- Technological advancements in fishing that could affect efficiency and yield.
- Economic fluctuations in leading countries like Italy, impacting production capabilities and export capacities.
Top countries in Fresh Smooth-hound Production in Capture Fisheries by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,828,400 | 2023 | +34.39% | +6.37% | View data |
| 2 | 2 United Kingdom | 328,220 | 2023 | +2.38% | +5.34% | View data |
| 3 | 3 Spain | 260,800 | 2023 | -9.61% | +0.97% | View data |
| 4 | 4 Portugal | 230,510 | 2023 | +44.13% | +8.76% | View data |
| 5 | 5 Croatia | 224,620 | 2023 | +2.3% | +11.2% | View data |
| 6 | 6 Netherlands | 67,470 | 2023 | -7.72% | +27.98% | View data |
| 7 | 7 Slovenia | 15,600 | 2023 | +100.47% | +10.25% | View data |
