In 2023, the European fresh cuttlefish market exhibits significant diversity, with France leading at 42.057 million euros, followed by Italy at 40.628 million euros, and Spain at 16.829 million euros. Year-on-year data indicates mixed trends: France showed positive growth (+4.16%), while Italy declined (-4.2%). Notably, the Netherlands exhibited a substantial increase (+36.42%), while Cyprus saw a large decrease (-32.79%). Despite these fluctuations, countries like Portugal and Belgium demonstrated slight positive growth, indicating stability. Over the past five years, trends highlight variable investment interest and environmental impacts affecting production, with some nations leveraging technological advances.
Future trends to watch include the potential impacts of climate change on marine biodiversity, changes in EU regulations affecting fishing practices, and advancements in sustainable fishing technology. Focus will likely be on balancing economic growth with environmental conservation, which could drive innovation in sustainable practices across the industry.
Top countries in Fresh Cuttlefish Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 42,057,000 | 2023 | +3.81% | +4.16% | View data |
| 2 | 2 Italy | 40,628,000 | 2023 | +2.11% | -4.2% | View data |
| 3 | 3 Spain | 16,829,000 | 2023 | +2.57% | +0.96% | View data |
| 4 | 4 Greece | 8,378,300 | 2023 | +1.17% | -3.81% | View data |
| 5 | 5 Portugal | 5,429,300 | 2023 | +1.96% | +1.32% | View data |
| 6 | 6 Netherlands | 5,273,800 | 2023 | +6.38% | +36.42% | View data |
| 7 | 7 Belgium | 3,346,500 | 2023 | -33.89% | +0.47% | View data |
| 8 | 8 Ireland | 555,140 | 2023 | +5.82% | -4.29% | View data |
| 9 | 9 Croatia | 523,100 | 2023 | -26.33% | -0.088% | View data |
| 10 | 10 Slovenia | 34,940 | 2023 | -9.08% | +23.16% | View data |
