In 2023, Italy led the European fresh shrimps and prawns capture fisheries, contributing significantly with a minor decline of 4.45%. Spain followed closely, also experiencing a slight 3.06% decrease. Remarkably, Germany and Cyprus saw substantial year-on-year increases of 61.47% and 40.85%, respectively. Conversely, Norway and the UK experienced notable declines of about 17-18%. Over the past five years, overall consumption patterns have fluctuated, with varying CAGRs across countries, indicating dynamic shifts in the market.
Future trends to watch include a potential reshuffling of production contributions among these nations, driven by environmental regulations, innovations in sustainable fishing practices, and consumer demand shifts toward ethically sourced seafood. Additionally, economic fluctuations across European countries could influence investment in fisheries, impacting production capacities in the coming years.
Top countries in Fresh Shrimps and Prawns Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 37.85 | 2023 | -9.02% | -4.45% | View data |
| 2 | 2 Spain | 36.55 | 2023 | +6.32% | -3.06% | View data |
| 3 | 3 Greece | 7.01 | 2023 | +0.29% | +2.4% | View data |
| 4 | 4 Portugal | 4.79 | 2023 | +2.67% | +8.6% | View data |
| 5 | 5 France | 4.21 | 2023 | +5.96% | +3.03% | View data |
| 6 | 6 Ireland | 2.08 | 2022 | +30.41% | +100.76% | View data |
| 7 | 7 Iceland | 1.49 | 2023 | -23.35% | -18.18% | View data |
| 8 | 8 Denmark | 1.42 | 2023 | -7.9% | +4.12% | View data |
| 9 | 9 Norway | 1.39 | 2023 | -31.11% | -17.99% | View data |
| 10 | 10 Croatia | 0.95 | 2023 | -2.42% | +1.28% | View data |
