Between 2013 and 2023, Portugal's Frozen Whole Freshwater Fish market showed significant fluctuations. In 2023, the market reached a value of 34.924 million euros. The market experienced growth periods, notably between 2016 and 2018, supported by an increasing demand. However, declines were observed in 2019 and 2020, reflecting market volatility. In 2022 and 2023, although the market value increased, growth slowed, with a year-on-year increase of only 2.03% in 2023. The five-year CAGR leading up to 2023 was 0.54%, indicating modest growth.
Looking ahead, factors to watch include sustainable fishing practices and changing consumer preferences, which may impact market expansion. Additionally, technological advancements in freezing and logistics could enhance market efficiency and drive growth.
How does Portugal rank in Frozen Whole Fresh Water Fish Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 65,898,000 | 2023 | +1.83% | +1.02% | View data |
| 2 | 2 Portugal | 34,924,000 | 2023 | +2.03% | +0.54% | |
| 3 | 3 Italy | 21,463,000 | 2023 | +3.93% | +6.96% | View data |
| 4 | 4 France | 19,092,000 | 2023 | -1.1% | +0.61% | View data |
| 5 | 5 Bulgaria | 7,114,600 | 2023 | +2.87% | +5.37% | View data |
