In 2023, Cyprus led in Fresh Sharpsnout Seabream production value at 20.34 thousand Euros per metric ton, followed by Slovenia at 12.32, and Malta at 10.19. Malta showed a significant uptick with a 24.74% increase, while Italy saw a decrease of 15.95%. The overall trend suggests a mixed growth scenario with varied dynamics among countries. Notably, France and Spain experienced declines of 4.73% and 2.14% respectively.
Looking ahead, key trends to watch include rising investments in sustainable fishing practices, development of aquaculture, and potential tightening of European Union regulations influencing capture fisheries. Innovation in technology and shifts in consumer preferences toward sustainably sourced products will likely impact the industry's growth trajectory.
Top countries in Fresh Sharpsnout Seabream Production in Capture Fisheries for Human Consumption by Country
| # | 8 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 20,340 | 2023 | +6.04% | +2.47% | View data |
| 2 | 2 Slovenia | 12,320 | 2023 | -10.68% | +1.33% | View data |
| 3 | 3 Malta | 10,190 | 2023 | +235.38% | +24.74% | View data |
| 4 | 4 Croatia | 8,430 | 2023 | -6.56% | +6.56% | View data |
| 5 | 5 France | 7,480 | 2023 | +8.64% | -4.73% | View data |
| 6 | 6 Portugal | 7,460 | 2023 | -0.97% | +5.18% | View data |
| 7 | 7 Italy | 5,400 | 2023 | -20.41% | -15.95% | View data |
| 8 | 8 Spain | 4,660 | 2023 | +5.12% | -2.14% | View data |
