In 2023, France led European spiny lobster capture fisheries with significant growth, followed by Spain and Greece, who showed moderate increases. France exhibited a remarkable 33.26% year-on-year growth, with Ireland also experiencing substantial expansion. Conversely, Italy witnessed a decline, and Malta saw a slight decrease. The CAGR over the last five years highlights robust growth in France and Ireland, indicating progressive markets. Portugal and Croatia displayed steady increases, while Cyprus remained stagnant.
Future trends to watch include:
- Focus on sustainability as climate change impacts marine environments.
- Technological advancements in capture methods improving efficiency.
- Potential shifts in consumer demand favoring alternative seafood options.
- European regulations influencing production and consumption dynamics.
Top countries in Total Spiny Lobster Production in Capture Fisheries for Human Consumption by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 9,002,400 | 2023 | +30.41% | +33.26% | View data |
| 2 | 2 Spain | 4,685,500 | 2023 | +1.15% | +12.37% | View data |
| 3 | 3 Italy | 3,631,700 | 2023 | -16.88% | -13.28% | View data |
| 4 | 4 Greece | 3,169,300 | 2023 | +2.55% | +5.52% | View data |
| 5 | 5 Portugal | 890,480 | 2023 | +0.71% | +11.85% | View data |
| 6 | 6 Croatia | 589,880 | 2023 | -4.72% | +13.82% | View data |
| 7 | 7 Ireland | 232,590 | 2023 | +17.66% | +34.03% | View data |
| 8 | 8 Malta | 30,520 | 2023 | -21.46% | -7.6% | View data |
| 9 | 9 Cyprus | 8,960 | 2023 | +46.66% | View data |