The European Whole Fresh Red Bandfish production in capture fisheries presents Slovenia leading with a high value positioning of 4.16 thousand euros per metric ton in 2024. France, Italy, Spain, and Portugal follow in descending order, with France exhibiting a decrease of 3.29% in 2023, while Italy showed a substantial growth of 6.16%. Spain experienced a reduction of 4.64% in 2023. Over a five-year period ending in 2024, the Compound Annual Growth Rate (CAGR) reveals general stability with variations linked to economic and environmental factors impacting yield and market demand across countries.
Future trends to watch include:
- Potential shifts in market dynamics due to climate change affecting marine biodiversity, which may impact the distribution and abundance of red bandfish.
- Policy changes in fisheries management and sustainable practices could also alter production capabilities and economic returns across different countries.
- Technological advancements in fishing and processing could improve efficiency and production value, offering opportunities for countries willing to invest in innovation within the industry.
Top countries in Whole Fresh Red Bandfish Production in Capture Fisheries by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 4,160 | 2021 | +4% | +15.77% | View data |
| 2 | 2 France | 2,860 | 2023 | -17.56% | -3.29% | View data |
| 3 | 3 Italy | 2,630 | 2023 | -9.46% | +6.16% | View data |
| 4 | 4 Spain | 2,590 | 2023 | +0.78% | -4.64% | View data |
| 5 | 5 Portugal | 437.7 | 2022 | View data |
