The Portuguese seafood market value, expressed in Billion Euros, has shown a mixed trend over the past decade. As of 2023, the market size stood at 2.9828 Billion Euros. Between 2013 and 2023, the market experienced fluctuations, with notable growth in 2015 and 2016 but faced declines in 2017 and 2020. The Compound Annual Growth Rate over the last five years is 1.92%. In the previous two years, the market grew by 2.12% in 2022 and 2.06% in 2023, indicating modest yet stable growth.
Future trends to watch for:
- Increasing consumer awareness and demand for sustainable seafood choices.
- Potential impact of climate change on local fishery production.
- Continued advancements in aquaculture technology and practices.
- Shifts in trade policies affecting seafood imports and exports.
How does Portugal rank in Seafood Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 8,625,000,000 | 2023 | +0.43% | +1.35% | View data |
| 2 | 2 France | 5,603,800,000 | 2023 | -0.7% | -2.49% | View data |
| 3 | 3 Italy | 5,246,900,000 | 2023 | -0.44% | +2.33% | View data |
| 4 | 4 United Kingdom | 5,237,500,000 | 2023 | +0.09% | -1.24% | View data |
| 5 | 5 Germany | 4,720,100,000 | 2023 | +1.3% | -1.97% | View data |
| 6 | 6 Poland | 3,745,900,000 | 2023 | +2.82% | +2.91% | View data |
| 7 | 7 Portugal | 2,982,800,000 | 2023 | +2.06% | +1.92% | |
| 8 | 8 Belgium | 1,049,100,000 | 2023 | +1.34% | -2.24% | View data |
| 9 | 9 Romania | 418,940,000 | 2023 | +4.22% | +6.82% | View data |
