In 2023, the leading country for barracuda production in European capture fisheries by value was Malta, followed by Italy, Croatia, Portugal, and Spain. Year-on-year, Malta experienced a slight decline in production value at -1.16%, while Italy saw a modest increase of 0.91%. Croatia and Portugal experienced declines of -2.67% and -2.76% respectively. Spain, however, exhibited a significant growth of 3.37% during the same period. Over a five-year period, the compounded annual growth rate (CAGR) reflects the overall stagnation or minor growth trends in most countries surveyed.
Future trends to watch in European barracuda production in capture fisheries include:
- Availability of sustainable fishing practices and regulations.
- Potential impacts of climate change on marine ecosystems.
- Shifts in consumer preferences towards more sustainable seafood options.
- Technological advancements in fishing and processing.
Top countries in Total European Barracuda Production in Capture Fisheries by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 6,750 | 2023 | +4.34% | -1.16% | View data |
| 2 | 2 Italy | 4,550 | 2023 | +3.52% | +0.91% | View data |
| 3 | 3 Croatia | 3,410 | 2023 | -18.69% | -2.67% | View data |
| 4 | 4 Portugal | 2,910 | 2023 | -3.45% | -2.76% | View data |
| 5 | 5 Spain | 2,110 | 2023 | -2.03% | +3.37% | View data |