In 2023, Italy led European fresh megrims production in capture fisheries, with a value of 6.7 thousand euros per metric ton, followed by Spain and Croatia. Year-on-year, value per metric ton decreased in most countries, notably in Greece (-4.67%) and France (-4.45%), with only Croatia experiencing a slight increase (0.093%). The Compounded Annual Growth Rate (CAGR) suggests a broader decline in value over the last five years, indicating potential inefficiencies or market pressures impacting the industry.
Future trends to watch include potential recovery in countries like Spain and growth in Eastern European markets. Sustainable fisheries practices and regulatory changes might reshape the landscape and influence production values.
Top countries in Fresh Megrims Production in Capture Fisheries by Country
| # | 8 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 6,700 | 2022 | View data | ||
| 2 | 2 Spain | 4,270 | 2023 | +5.47% | -1.18% | View data |
| 3 | 3 Croatia | 3,300 | 2023 | -14.03% | +0.093% | View data |
| 4 | 4 United Kingdom | 2,990 | 2023 | -1.09% | -2.54% | View data |
| 5 | 5 France | 2,510 | 2023 | +4.38% | -4.45% | View data |
| 6 | 6 Greece | 2,480 | 2023 | -7.16% | -4.67% | View data |
| 7 | 7 Belgium | 1,700 | 2023 | -2.69% | -2.81% | View data |
| 8 | 8 Netherlands | 500 | 2022 | View data |
