In 2023, the European Total White Grouper Production in Capture Fisheries for Human Consumption exhibited diverse country-specific trends. Cyprus leads in value per metric ton, although experiencing a 6.77% decline from the previous year. Greece shows a positive trend with a 3.32% increase. Italy marked the highest growth rate at 20.69%, highlighting a significant interest or investment in its grouper market. Conversely, Portugal and Spain faced declines of 3.65% and 19.0% respectively, indicating challenges in maintaining production or market value.
Future trends to watch include the potential for Italy to further capitalize on its growth momentum. Additionally, observing the strategies Cyprus implements to counteract its decline will be crucial. It will be interesting to see if recovery strategies by Portugal and Spain prove effective in reversing their negative trends. The fluctuation in market dynamics across these countries will significantly impact the overall European market outlook in the upcoming years.
Top countries in Total White Grouper Production in Capture Fisheries for Human Consumption by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 21,800 | 2023 | +68.43% | -6.77% | View data |
| 2 | 2 Greece | 20,160 | 2023 | +2.35% | +3.32% | View data |
| 3 | 3 Italy | 15,240 | 2023 | +9.69% | +20.69% | View data |
| 4 | 4 Portugal | 2,090 | 2023 | -36.97% | -3.65% | View data |
| 5 | 5 Spain | 1,600 | 2023 | -77.93% | -19% | View data |
