In 2023, Portugal dominated European total wreckfish production with a 63.29% share in capture fisheries, followed by Spain at 27.12%. Greece and Malta contributed moderately at 2.87% and 2.19%, respectively. Notable changes included Portugal's slight increase by 0.49%, Spain's significant growth of 11.36%, and the United Kingdom's surge of 223.58%, whereas Greece and France experienced declines of 19.55% and 15.83%, respectively. Over the past five years, the overall European wreckfish production showed varying annual growth, with countries experiencing diverse trajectories.
Future trends to monitor involve the potential expansion of the United Kingdom's market share despite its current modest size, alongside continuing shifts in Spain's robust growth. Additionally, watch how sustainability practices and regulatory changes might impact production levels and market dynamics across different nations. Understanding the implications of these trends will be essential to anticipate the evolving landscape of wreckfish production in Europe.
Top countries in Total Wreckfish Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 63.29 | 2023 | +8.19% | +0.49% | View data |
| 2 | 2 Spain | 27.12 | 2023 | +32.94% | +11.36% | View data |
| 3 | 3 Greece | 2.87 | 2023 | -20.61% | -19.55% | View data |
| 4 | 4 Malta | 2.19 | 2023 | +15.23% | -0.53% | View data |
| 5 | 5 Italy | 1.8 | 2023 | -31.11% | View data | |
| 6 | 6 France | 1.23 | 2023 | -22.62% | -15.83% | View data |
| 7 | 7 United Kingdom | 0.51 | 2023 | +3.62% | +223.58% | View data |
| 8 | 8 Ireland | 0.034 | 2021 | +54.93% | +36.71% | View data |
| 9 | 9 Cyprus | 0.008 | 2023 | -84.39% | +90.76% | View data |
| 10 | 10 Netherlands | 0 | 2022 | -100% | -100% | View data |
