The European capture fisheries sector for whole fresh European flying squid saw notable fluctuations in 2023. Italy led production with 2.1928 million euros, showing a 26.73% increase from previous years. Spain, while significant at 0.8976 million euros, experienced a decrease of 15.02%. Ireland's production surged by 17.54%, reaching 0.71038 million euros. Norway reported a dramatic rise of 84.01%, whereas smaller markets like Portugal and Sweden showed minimal or no growth. Iceland increased significantly by 58.01%, though its values remain modest compared to larger players.
Future trends to watch include:
- Continued growth potential in less mature markets like Norway and Iceland.
- Challenges for Spain to reverse its decline.
- Potential expansion or sustainability shifts in Italy's leading position.
- Economic and environmental factors affecting overall European growth.
Top countries in Whole Fresh European Flying Squid Production in Capture Fisheries by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,192,800 | 2023 | -12.75% | +26.73% | View data |
| 2 | 2 Spain | 897,600 | 2023 | -11.51% | -15.02% | View data |
| 3 | 3 Ireland | 710,380 | 2023 | +7.12% | +17.54% | View data |
| 4 | 4 Norway | 181,910 | 2023 | +54.65% | +84.01% | View data |
| 5 | 5 Netherlands | 15,760 | 2022 | View data | ||
| 6 | 6 Portugal | 6,840 | 2023 | +12.69% | View data | |
| 7 | 7 Sweden | 5,100 | 2022 | -77.37% | View data | |
| 8 | 8 Iceland | 3,100 | 2023 | +5.98% | +58.01% | View data |
