In 2023, Portugal led European Total Axillary Seabream production for human consumption in capture fisheries, followed by Spain and Italy. Portugal and Spain saw notable declines in production value, with decreases of 8.32% and 10.51%, respectively. Italy and Greece also experienced reductions, although to a lesser extent. France saw a 5.07% drop. Conversely, Malta, Cyprus, and Croatia had growth, with Malta exhibiting a significant 24.49% increase. Croatia also showed a marked improvement with a 10.85% rise, while Cyprus grew modestly by 2.49%. Slovenia reported a minor contribution to the overall market.
Going forward, production dynamics may be shaped by environmental regulations, changes in international demand, technological advancements, and resource management strategies. Countries showing positive growth, such as Malta and Croatia, may continue to invest in sustainable practices and innovations to bolster their capture fisheries sector. Conversely, countries experiencing declines might need to address challenges such as overfishing, environmental changes, or competition to stabilize or boost their market share.
Top countries in Total Axillary Seabream Production in Capture Fisheries for Human Consumption by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 1,638,400 | 2023 | -3.49% | -8.32% | View data |
| 2 | 2 Spain | 978,210 | 2023 | -33.08% | -10.51% | View data |
| 3 | 3 Italy | 510,420 | 2023 | -4.91% | -3.54% | View data |
| 4 | 4 Greece | 507,170 | 2023 | -0.71% | -1.05% | View data |
| 5 | 5 France | 317,580 | 2023 | -14.86% | -5.07% | View data |
| 6 | 6 Malta | 141,640 | 2023 | +22.65% | +24.49% | View data |
| 7 | 7 Cyprus | 70,610 | 2023 | +3.34% | +2.49% | View data |
| 8 | 8 Croatia | 8,800 | 2023 | +19.74% | +10.85% | View data |
| 9 | 9 Slovenia | 160.38 | 2022 | -100% | View data |
