In 2023, Spain held the largest share of the European sold production of prepared or preserved crustaceans, molluscs, and other aquatic invertebrates, contributing 35.14% of the market. France followed with a 27.63% share, while Belgium accounted for 7.35%. Portugal and Italy contributed 6.1% and 4.57%, respectively. Significant year-on-year growth was observed in Spain (+11.15%) and Belgium (+15.09%), while Germany (-13.4%) and the United Kingdom (-53.52%) experienced notable declines. The 5-year CAGR analysis indicates a steady growth trajectory in Spain, pointing to its reinforcing dominance in the industry.
Future trends to watch include:
- Focus on sustainable and eco-friendly production methods, which might drive demand in countries like Norway and Iceland.
- Potential repercussions of post-Brexit regulations impacting the UK's market share further.
- Innovation in packaging and product offerings that cater to consumer preferences for convenience and health.
- Geopolitical shifts and economic policies around trade could influence production and distribution notably across EU countries.
Top countries in Sold Production of Prepared or Preserved Crustaceans, Molluscs and Other Aquatic Invertebrates Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 35.14 | 2023 | +10.02% | +11.15% | View data |
| 2 | 2 France | 27.63 | 2023 | +6.16% | +6.87% | View data |
| 3 | 3 Belgium | 7.35 | 2023 | +14.69% | +15.09% | View data |
| 4 | 4 Portugal | 6.1 | 2023 | +16.51% | +5.2% | View data |
| 5 | 5 Italy | 4.57 | 2023 | -0.94% | +1.65% | View data |
| 6 | 6 Iceland | 4.52 | 2023 | +9.27% | +5.49% | View data |
| 7 | 7 Norway | 1.95 | 2023 | +1.23% | -0.34% | View data |
| 8 | 8 Ireland | 1.89 | 2023 | +4.11% | -0.87% | View data |
| 9 | 9 Bulgaria | 1.19 | 2023 | +4.42% | +4.11% | View data |
| 10 | 10 Germany | 1.03 | 2023 | -21.9% | -13.4% | View data |
