In 2023, the market size value of processed mackerel in Spain, excluding minced products and prepared meals, stood at 56.317 million euros. Over the past decade, the market has witnessed a consistent growth trend, albeit at varying rates. Significant growth was observed between 2015 and 2018. However, growth rates have stabilized in recent years, with the compounded annual growth rate (CAGR) averaging 0.86% over the last five years.
Key observations: - Steady increase from 2013, reaching a peak in 2023. - Robust growth in 2016 with an 11.47% year-on-year increase. - Growth plateau observed from 2020 onwards.
Looking forward, factors such as health trends favoring fish consumption, sustainable fishing practices, and economic conditions in Spain will influence future market dynamics. Monitoring consumer preferences towards ready-to-eat products and price fluctuations in raw fish supplies will be critical.
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 179,700,000 | 2023 | +0.016% | +3.89% | View data |
| 2 | 2 Poland | 119,300,000 | 2023 | +4.89% | +3.79% | View data |
| 3 | 3 Spain | 56,317,000 | 2023 | +1.06% | +0.86% | |
| 4 | 4 Bulgaria | 13,464,000 | 2023 | +1.76% | +2.34% | View data |
| 5 | 5 Greece | 5,909,600 | 2023 | +2.38% | +3.18% | View data |
