Spain leads European Fresh Albacore production, with a value of 75.171 million euros in 2023. France follows with 24.747 million euros, while Italy and Ireland contribute significantly less, at 2.6893 and 1.9624 million euros, respectively. Portugal, with 1.9391 million euros, experienced a notable increase of 9.23% year-on-year. Cyprus, Greece, and Malta saw declines, with Greece dropping significantly by 14.69%. Most countries showed minor fluctuations, except for Italy, which decreased by 6.81% year-on-year. Overall, Spain and France are the main contributors, and efforts to increase their production could impact the industry's future.
Future trends to watch in European Fresh Albacore Production include the effect of regulatory changes on fisheries, advancements in sustainable fishing practices, and shifts in consumer demand toward ethically sourced seafood. Spain's continued dominance may encourage neighboring countries to intensify their production efforts, possibly leading to technology investments to maximize yield while preserving fish stock. Additionally, changes in marine biodiversity due to climate change could impact albacore availability, prompting a reevaluation of fishing strategies in European waters.
Top countries in Fresh Albacore Production in Capture Fisheries for Human Consumption by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 75,171,000 | 2023 | -4.15% | +4.43% | View data |
| 2 | 2 France | 24,747,000 | 2023 | -0.031% | +5.14% | View data |
| 3 | 3 Italy | 2,689,300 | 2023 | -35.25% | -6.81% | View data |
| 4 | 4 Ireland | 1,962,400 | 2022 | +25510% | +99.44% | View data |
| 5 | 5 Portugal | 1,939,100 | 2023 | +116.81% | +9.23% | View data |
| 6 | 6 Cyprus | 1,054,000 | 2023 | -1.7% | -3.45% | View data |
| 7 | 7 Greece | 432,110 | 2023 | -9.7% | -14.69% | View data |
| 8 | 8 Malta | 307,950 | 2023 | +88.21% | -3.74% | View data |
| 9 | 9 Croatia | 3,430 | 2022 | -29.32% | -29.16% | View data |
