The analysis for 2023 reveals that Spain is leading European total blue and red shrimp production in capture fisheries for human consumption with a value of 42.68 thousand euros per metric ton. Italy follows with 23.92, Portugal at 23.11, Malta at 21.56, and Cyprus at 20.9. Comparing year-on-year percentage changes, Spain saw a 5.26% increase, Italy 1.17%, Malta 6.83%, whereas Portugal and Cyprus experienced negative and minor positive growth at -3.73% and 0.52%, respectively.
Future trends to watch in European shrimp production include:
- Technological advancements optimizing shrimp capture and sustainability practices.
- Potential regulatory changes affecting capture fisheries.
- Market demand shifts driven by changing consumer preferences and ecological considerations.
- Economic conditions possibly influencing production costs and pricing.
Top countries in Total Blue and Red Shrimp Production in Capture Fisheries for Human Consumption by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 42,680 | 2023 | +11.01% | +5.26% | View data |
| 2 | 2 Italy | 23,920 | 2023 | -10.04% | +1.17% | View data |
| 3 | 3 Portugal | 23,110 | 2023 | -1% | -3.73% | View data |
| 4 | 4 Malta | 21,560 | 2023 | -30.98% | +6.83% | View data |
| 5 | 5 Cyprus | 20,900 | 2023 | +2.46% | +0.52% | View data |
