In 2023, Portugal dominated the European fresh king crabs and squat-lobsters market with a value of 67.49 thousand euros per metric ton, a significant increase of 10.02% year-on-year. Norway followed with 19.36 thousand euros, experiencing a modest 2.13% growth. France, Spain, and Sweden trailed, with values of 6.54, 6.06, and 3.71 thousand euros, respectively. Sweden saw a notable jump of 12.15%, while Denmark, with a low base value of 1.22 thousand euros, had the highest percentage growth at 12.99% year-on-year.
CAGR over the past five years indicates that Portugal leads with the strongest growth, while countries like Sweden and Denmark show emerging trends of robust development in this market.
Future trends to watch include:
- Increasing demand for sustainable fishing practices influencing production methods.
- Technological advancements in fishing gear boosting efficiency and yield.
- Evolving consumer preferences shifting towards locally sourced and fresher marine products.
- Potential market shifts due to geopolitical events affecting trade and market access.
Top countries in Fresh King Crabs, Squat-lobsters Production in Capture Fisheries for Human Consumption by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 67,490 | 2023 | +24.23% | +10.02% | View data |
| 2 | 2 Norway | 19,360 | 2023 | +3.06% | +2.13% | View data |
| 3 | 3 France | 6,540 | 2023 | -9.53% | +1.75% | View data |
| 4 | 4 Spain | 6,060 | 2023 | +18.01% | +1.36% | View data |
| 5 | 5 Sweden | 3,710 | 2023 | +15.27% | +12.15% | View data |
| 6 | 6 Denmark | 1,220 | 2023 | +4.16% | +12.99% | View data |
