The European capture fisheries sector shows a significant concentration in Spain and Italy, together holding nearly 89% of the market share in 2024. Spain remains at the forefront with a robust growth of 12.54% in 2023, outperforming Italy, which recorded a modest increase of 2.99%. France follows, representing over 11% of the market but experiencing substantial growth of 11.62%. Conversely, Greece saw a downturn of 2.75%, whereas Portugal showed remarkable advancement with a 29.62% increase. Despite variances, countries like Malta and Croatia are insignificant contributors with less than 1% share.
Future trends to monitor include:
- Further consolidation in Spain and Italy, potentially driving more investment and technological advancements in capture methods.
- Potential growth spurts in underrepresented countries like Portugal and Norway, seeking to capitalize on sustainable fishing practices.
- Climate change and regulatory shifts impacting yields and production capabilities across Europe.
- Shifting consumer preferences towards sustainable and locally sourced seafood affecting market dynamics.
Top countries in Fresh Atlantic Bluefin Tuna Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 45.41 | 2023 | -10.84% | +12.54% | View data |
| 2 | 2 Italy | 43.36 | 2023 | -1.46% | +2.99% | View data |
| 3 | 3 France | 11.15 | 2023 | -1.65% | +11.62% | View data |
| 4 | 4 Greece | 2.34 | 2023 | -33.17% | -2.75% | View data |
| 5 | 5 Portugal | 1.56 | 2023 | +10.74% | +29.62% | View data |
| 6 | 6 Malta | 1.02 | 2023 | -34.33% | -5.22% | View data |
| 7 | 7 Croatia | 0.94 | 2023 | -20.86% | +10.28% | View data |
| 8 | 8 Norway | 0.6 | 2023 | +5.38% | +43.5% | View data |
| 9 | 9 Ireland | 0.057 | 2022 | +70.55% | View data | |
| 10 | 10 Cyprus | 0.008 | 2022 | -60.59% | -16.24% | View data |
