In 2023, Cyprus led European whole fresh white grouper production in capture fisheries with a value of 21.8 thousand euros per metric ton, followed by Greece, Spain, Italy, and Portugal. Year-on-year variations showed that Cyprus experienced a decline of 6.77%, while Spain saw significant growth at 34.88%. Greece's production increased by 3.22%, Italy remained stable, and Portugal slightly decreased by 1.64%. Over the last five years, Spain has shown the most dynamic progression, suggesting a positive trend with promising growth potential in the near future.
Future trends to watch include:
- Spain's continued expansion and potential to surpass competitors with its accelerated growth rate.
- The risk of continued decline or stabilization in Cyprus and Portugal, requiring strategic adjustments.
- The emerging role of sustainability and technology in enhancing productivity and market competitiveness across Europe.
Top countries in Whole Fresh White Grouper Production in Capture Fisheries by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 21,800 | 2023 | +68.43% | -6.77% | View data |
| 2 | 2 Greece | 20,040 | 2023 | +1.87% | +3.22% | View data |
| 3 | 3 Spain | 19,150 | 2023 | +2.12% | +34.88% | View data |
| 4 | 4 Italy | 14,600 | 2023 | +5.8% | View data | |
| 5 | 5 Portugal | 2,310 | 2023 | -30.11% | -1.64% | View data |
