In 2023, Spain dominated the European albacore capture fisheries market, accounting for a significant portion of the sector's revenue share. France followed, albeit with a notably lower contribution. Countries like Italy, Portugal, and Ireland held much smaller portions, with Greek, Maltese, and Cypriot shares being the least impactful.
The past year saw robust growth in Portugal's market share, highlighting its emerging potential, while Greece and Cyprus experienced declines, indicating possible market challenges. Over the past five years, the market has witnessed noticeable annual variation, suggesting evolving dynamics within the industry.
Future considerations:
- Continued growth potential for Portugal as the sector diversifies.
- Recovery and strategic focus in Greece and Cyprus to reverse declining trends.
- Monitoring climatic and geopolitical factors that might influence European albacore markets.
Top countries in Total Albacore Production in Capture Fisheries Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 67.52 | 2023 | -4.73% | +4.27% | View data |
| 2 | 2 France | 21.99 | 2023 | -1.53% | +4.82% | View data |
| 3 | 3 Italy | 3.83 | 2023 | +2.34% | +2.13% | View data |
| 4 | 4 Portugal | 1.82 | 2023 | +125.44% | +10.1% | View data |
| 5 | 5 Ireland | 1.77 | 2022 | +25510% | +99.44% | View data |
| 6 | 6 Cyprus | 0.95 | 2023 | -1.7% | -3.45% | View data |
| 7 | 7 Greece | 0.39 | 2023 | -9.7% | -14.69% | View data |
| 8 | 8 Malta | 0.28 | 2023 | +88.21% | -3.74% | View data |
| 9 | 9 Croatia | 0.003 | 2022 | -29.32% | -29.16% | View data |
