In 2023, Italy led the European frozen shellfish market with a value of 25.56 thousand euros per metric ton, showing a year-on-year increase of 7.85%. The United Kingdom followed with a similar growth rate of 7.56%. Denmark and Portugal, however, experienced declines of 3.64% and 3.22% respectively. Spain, Germany, Iceland, and the Netherlands also saw slight decreases in value. The five-year CAGR reveals a mixed trend, with notable growth in Italy and stability or slight decline in other countries.
Future trends to watch in this sector include potential shifts in consumer preferences towards sustainable and locally sourced products, technological advancements in the supply chain to improve efficiency, and the impact of regulatory changes on fishing quotas and environmental standards. Monitoring these factors will provide insights into potential market shifts and opportunities for growth in European frozen shellfish production.
Top countries in Frozen Shellfish Production in Capture Fisheries for Human Consumption by Country
| # | 9 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 25,560 | 2023 | +3.45% | +7.85% | View data |
| 2 | 2 Denmark | 8,760 | 2023 | -17.96% | -3.64% | View data |
| 3 | 3 Portugal | 7,890 | 2023 | +41.65% | -3.22% | View data |
| 4 | 4 France | 5,810 | 2022 | +176.81% | View data | |
| 5 | 5 Spain | 4,440 | 2023 | +2.12% | -1.65% | View data |
| 6 | 6 United Kingdom | 3,960 | 2023 | -2.44% | +7.56% | View data |
| 7 | 7 Germany | 3,440 | 2023 | -3.36% | -0.13% | View data |
| 8 | 8 Iceland | 2,500 | 2023 | +6.53% | -1.51% | View data |
| 9 | 9 Netherlands | 2,260 | 2023 | -12.15% | -3.49% | View data |
