In 2023, Spain led total European Raja Rays production with 1.25 thousand metric tons, despite a 10.31% decrease from the previous year. Greece and Portugal followed, with Portugal experiencing the highest growth at 42.73% year-on-year. Positive growth was also noted in Croatia (2.95%) and Italy (64.73%), with smaller contributions from countries like Belgium, Ireland, and Denmark, the latter experiencing a significant 63.03% decline. In the five-year span, the Compound Annual Growth Rate (CAGR) suggests potential volatility with variations across countries.
Looking forward, focus should be on Portugal and Italy due to their recent growth, while monitoring Spain's production levels and Denmark's sharp drop to understand broader market shifts. Environmental policies and fishing regulations could significantly impact future production trends in the region.
Top countries in Total Raja Rays Production in Capture Fisheries by Country
| # | 9 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,250 | 2023 | -18.18% | -10.31% | View data |
| 2 | 2 Greece | 264.12 | 2023 | -7.23% | -2.47% | View data |
| 3 | 3 Norway | 213.5 | 2021 | View data | ||
| 4 | 4 Portugal | 131.5 | 2023 | +367.97% | +42.73% | View data |
| 5 | 5 Croatia | 106.41 | 2023 | +3.21% | +2.95% | View data |
| 6 | 6 Italy | 8.1 | 2023 | -24.3% | +64.73% | View data |
| 7 | 7 Belgium | 2.2 | 2022 | -53.19% | +9.46% | View data |
| 8 | 8 Ireland | 0.71 | 2022 | -47.94% | View data | |
| 9 | 9 Denmark | 0.52 | 2023 | -48% | -63.03% | View data |
