The Frozen Fish Market in Portugal experienced fluctuations from 2013 to 2023. The market volume stood at 151.45 million kilograms in 2023. Initial years recorded a mixture of increases and declines, with notable highs in 2015 and 2016. A significant drop was observed in 2019, with a recovery trend starting in 2020. The last two years showed modest growth, and the CAGR over the past five years indicates a slight annual decline of 1.61% on average.
Future trends to watch for include:
- Potential shifts in consumer demand as awareness of sustainable seafood grows.
- Impact of economic conditions on frozen fish consumption patterns in Portugal.
- Technological advancements in preservation and storage that can influence market dynamics.
How does Portugal rank in Frozen Fish Market Size Volume?
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 151,450,000 | 2023 | +1.4% | -1.61% | |
| 2 | 2 Poland | 133,510,000 | 2023 | +2.52% | +2.5% | View data |
| 3 | 3 Italy | 115,740,000 | 2023 | +0.62% | -0.84% | View data |
| 4 | 4 Romania | 38,766,000 | 2023 | +0.81% | -3.47% | View data |
| 5 | 5 Bulgaria | 20,602,000 | 2023 | +0.59% | +0.27% | View data |
