The European whole fresh wreckfish production in 2024 shows Portugal as the leader with a significant share, followed by Spain and Greece. In 2023, Portugal experienced a modest 1.98% increase, while Spain grew significantly by 10.86%. Greece saw a decline of 19.55%. Malta and Italy remained stable with minimal changes. Notably, the UK surged by 223.58%, and Cyprus also saw strong growth at 90.76%, indicating potential emerging players. Over the past five years, the compound annual growth rate suggests an evolving industry with shifts towards certain countries.
Future trends to watch include:
- Potential continuation of the UK's growth trajectory in the market.
- Portugal's dominance likely maintaining a steady influence.
- Recovery strategies and growth initiatives in Greece after recent declines.
- The impact of innovation and sustainability practices on production efficiency and market dynamics.
Top countries in Whole Fresh Wreckfish Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 63.2 | 2023 | +8.15% | +1.98% | View data |
| 2 | 2 Spain | 26.38 | 2023 | +36.75% | +10.86% | View data |
| 3 | 3 Greece | 2.89 | 2023 | -20.61% | -19.55% | View data |
| 4 | 4 Malta | 2.21 | 2023 | +15.23% | -0.53% | View data |
| 5 | 5 Italy | 1.82 | 2023 | -31.11% | View data | |
| 6 | 6 France | 0.97 | 2023 | -30.4% | -13.76% | View data |
| 7 | 7 United Kingdom | 0.51 | 2023 | +3.62% | +223.58% | View data |
| 8 | 8 Ireland | 0.035 | 2021 | +54.93% | View data | |
| 9 | 9 Cyprus | 0.009 | 2023 | -84.39% | +90.76% | View data |
| 10 | 10 Netherlands | 0 | 2022 | -100% | -100% | View data |