In 2023, Norway dominated the European fresh king crabs and squat-lobsters production in capture fisheries, with a value of 38.48 million Euros. Spain, Ireland, France, Denmark, Sweden, and Portugal followed with significantly lower values. Year-on-year changes identified notable dynamics: Denmark had an impressive 107.52% increase, while Portugal experienced a full market exit with a 100% decline. Norway and Spain faced moderate declines of 0.87% and 0.77% respectively, while Sweden saw a positive shift at 7.83%.
Future trends to watch:
- Rising environmental regulations could impact production volumes, especially in Norway.
- Technological advancements and sustainable practices may enhance growth in historically smaller markets like Sweden.
- Potential recovery or strategic pivots in Portugal's market position post-2023 exit.
Top countries in Fresh King Crabs, Squat-lobsters Production in Capture Fisheries by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 38,480,000 | 2023 | +2.66% | -0.87% | View data |
| 2 | 2 Spain | 84,190 | 2023 | +29.9% | -0.77% | View data |
| 3 | 3 Ireland | 46,900 | 2021 | +228.88% | View data | |
| 4 | 4 France | 13,020 | 2022 | -5.7% | -17.58% | View data |
| 5 | 5 Denmark | 5,110 | 2023 | +50.09% | +107.52% | View data |
| 6 | 6 Sweden | 4,100 | 2023 | -13.06% | +7.83% | View data |
| 7 | 7 Portugal | 3,790 | 2023 | View data |
