In 2023, Spain led European sardine production in capture fisheries, valued at 37.304 million euros, although experiencing a decline of 2.5% from the previous year. Portugal saw a 5.31% increase, reaching 28.346 million euros, maintaining its second position. The Netherlands experienced significant growth of 17.03%, ascending to 20.76 million euros. France and Italy faced declines of 4.02% and 6.36% respectively. Notably, Norway saw a dramatic 177.28% increase despite its small base. The average annual growth rate over the last five years varies considerably across these countries.
Future trends to watch for include potential shifts in production dominance among countries, with the Netherlands showing strong growth momentum. Environmental and regulatory changes could impact the sustainability and volume of sardine fisheries. Economic factors influencing demand and price, as well as potential technological advancements in capture techniques, might also play crucial roles in shaping future production landscapes.
Top countries in Total Sardine Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 37,304,000 | 2023 | -5.89% | -2.5% | View data |
| 2 | 2 Portugal | 28,346,000 | 2023 | -0.031% | +5.31% | View data |
| 3 | 3 Netherlands | 20,760,000 | 2023 | +39.92% | +17.03% | View data |
| 4 | 4 France | 20,625,000 | 2023 | -3.72% | -4.02% | View data |
| 5 | 5 Italy | 18,293,000 | 2023 | +17.04% | -6.36% | View data |
| 6 | 6 Croatia | 17,260,000 | 2023 | -20.05% | -2.43% | View data |
| 7 | 7 Greece | 16,416,000 | 2023 | +3.78% | -0.61% | View data |
| 8 | 8 United Kingdom | 3,578,900 | 2023 | +3.59% | +1.9% | View data |
| 9 | 9 Denmark | 1,286,200 | 2022 | +1470% | View data | |
| 10 | 10 Norway | 24,680 | 2023 | +67.79% | +177.28% | View data |