In 2023, Italy led European Fresh Mediterranean Spearfish production for human consumption, with the industry's value reaching 568.64 thousand Euros. A stable path was observed in Italy, whereas Spain, Malta, Cyprus, and Croatia experienced significant year-on-year variations with increments of 7.9%, 11.92%, 38.98%, and 75.52% respectively. Over the last five years, the compound annual growth rate (CAGR) shows a modest industry uplift driven by growth outside Italy.
Future trends to watch for:
- Technological advancements in sustainable fishing to improve yields.
- Growing consumer preferences for fresh seafood in Europe.
- Potential regulatory changes affecting fishing quotas and sustainability practices.
Top countries in Fresh Mediterranean Spearfish Production in Capture Fisheries for Human Consumption by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 568,640 | 2023 | -18.3% | View data | |
| 2 | 2 Spain | 11,600 | 2023 | +5.92% | +7.9% | View data |
| 3 | 3 Malta | 10,580 | 2023 | +28.84% | +11.92% | View data |
| 4 | 4 Cyprus | 2,550 | 2023 | +446.62% | +38.98% | View data |
| 5 | 5 Croatia | 1,190 | 2023 | -30.56% | +75.52% | View data |
