The European fresh cuttlefish production in capture fisheries market is predominantly dominated by France and Italy, with values standing at €35.72 million and €34.5 million, respectively, for 2024. Over the last year, France saw a modest increase of 4.16%, whereas Italy experienced a decline of 4.2%. Spain holds a significant market share of €14.29 million, illustrating a slight growth of 0.96%. The Netherlands showcased the most notable expansion, with a 36.42% increase. Other notable trends include declines in Greece and Cyprus, with reductions of 3.81% and 32.79%, respectively, highlighting shifts in the regional dynamics.
Future trends to watch for European fresh cuttlefish production involve monitoring sustainable fishing practices and technological advancements in the maritime sector. Additionally, changing consumer preferences towards sustainable seafood could influence demand, while trade policies might alter the competitive landscape. Strategic investments in supply chain efficiencies are also likely to impact market shares across the European countries.
Top countries in Fresh Cuttlefish Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 35.72 | 2023 | +3.81% | +4.16% | View data |
| 2 | 2 Italy | 34.5 | 2023 | +2.11% | -4.2% | View data |
| 3 | 3 Spain | 14.29 | 2023 | +2.57% | +0.96% | View data |
| 4 | 4 Greece | 7.12 | 2023 | +1.17% | -3.81% | View data |
| 5 | 5 Portugal | 4.61 | 2023 | +1.96% | +1.32% | View data |
| 6 | 6 Netherlands | 4.48 | 2023 | +6.38% | +36.42% | View data |
| 7 | 7 Belgium | 2.84 | 2023 | -33.89% | +0.47% | View data |
| 8 | 8 Ireland | 0.47 | 2023 | +5.82% | -4.29% | View data |
| 9 | 9 Croatia | 0.44 | 2023 | -26.33% | -0.088% | View data |
| 10 | 10 Slovenia | 0.03 | 2023 | -9.08% | +23.16% | View data |
