In 2023, Spain and Italy dominated the European whole fresh anchovy market with shares of 40.09% and 39.21%, respectively. Greece and Portugal had smaller shares at 9.34% and 7.36%. Notably, Bulgaria showed substantial growth with a 95.67% increase. Conversely, Spain and Greece experienced declines of 1.44% and 1.51%. Over a five-year period, fluctuations have been observed, with varying CAGR trends among countries, indicating distinct market dynamics.
Future trends suggest a potential increase in competition among key players such as Spain and Italy, and continued growth opportunities for emerging markets, like Bulgaria, as sustainable fishing and consumption trends gain momentum in Europe.
Top countries in Whole Fresh European Anchovy Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 40.09 | 2023 | -0.47% | -1.44% | View data |
| 2 | 2 Italy | 39.21 | 2023 | -3.16% | +3.33% | View data |
| 3 | 3 Greece | 9.34 | 2023 | -2.38% | -1.51% | View data |
| 4 | 4 Portugal | 7.36 | 2023 | +23.47% | +6.64% | View data |
| 5 | 5 Croatia | 4.3 | 2023 | -33.04% | -5.33% | View data |
| 6 | 6 France | 0.73 | 2022 | +71.95% | -19.21% | View data |
| 7 | 7 United Kingdom | 0.21 | 2023 | +1.08% | -6.02% | View data |
| 8 | 8 Bulgaria | 0.077 | 2023 | +31% | +95.67% | View data |
| 9 | 9 Romania | 0.028 | 2023 | +39.12% | +9.78% | View data |
| 10 | 10 Ireland | 0.021 | 2021 | View data |
