In 2023, Spain held the largest share in European total shrimps and prawns production, though it saw a slight decrease of 1.16%. Italy and Norway followed, both experiencing minor declines in production share by 2.53% and 1.17%, respectively. The Netherlands, Germany, and Sweden also faced reductions. Notably, Portugal and France showed increases in their shares, 8.53% and 5.06% respectively, highlighting growth potential. Conversely, the United Kingdom saw a significant decline of 17.03%, while Cyprus and Bulgaria experienced remarkable growth, partly due to their smaller base sizes.
Future trends to watch include potential growth in Portugal and France, driven by regional consumer demand and sustainable practices. Monitoring the United Kingdom's strategies to counter its declining share will also be crucial. The overall industry might see shifts towards more sustainable practices, affecting production costs and market dynamics.
Top countries in Total Shrimps and Prawns Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 23.46 | 2023 | +0.27% | -1.16% | View data |
| 2 | 2 Italy | 22.39 | 2023 | +10.72% | -2.53% | View data |
| 3 | 3 Norway | 18.97 | 2023 | +9.89% | -1.17% | View data |
| 4 | 4 Netherlands | 11.14 | 2023 | -10.4% | -1.51% | View data |
| 5 | 5 Germany | 7.23 | 2023 | -0.38% | -4.56% | View data |
| 6 | 6 Greece | 2.93 | 2022 | +13.22% | View data | |
| 7 | 7 Iceland | 2.76 | 2023 | -10.79% | -9.67% | View data |
| 8 | 8 Denmark | 2.31 | 2023 | -16% | -11.13% | View data |
| 9 | 9 Portugal | 2.05 | 2023 | +4.86% | +8.53% | View data |
| 10 | 10 France | 1.96 | 2023 | +2.54% | +5.06% | View data |
