In 2023, the European seafood market shows Spain leading with a market size of €8.625 billion, followed by France, Italy, and the UK. Notable year-on-year changes include a 6.82% growth in Romania and a 2.91% increase in Poland, whereas France and Belgium experienced declines of 2.49% and 2.24%, respectively. The broader five-year CAGR indicates fluctuating growth rates, with some countries seeing significant variations.
Future trends to watch in the European seafood market include:
- Increasing consumer demand for sustainable seafood options.
- Potential impacts of climate change on seafood supply.
- Continued expansion in Eastern European markets.
- Technological innovations in aquaculture enhancing production efficiency.
Top countries in Seafood Market Size Value by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 8,625,000,000 | 2023 | +0.43% | +1.35% | View data |
| 2 | 2 France | 5,603,800,000 | 2023 | -0.7% | -2.49% | View data |
| 3 | 3 Italy | 5,246,900,000 | 2023 | -0.44% | +2.33% | View data |
| 4 | 4 United Kingdom | 5,237,500,000 | 2023 | +0.09% | -1.24% | View data |
| 5 | 5 Germany | 4,720,100,000 | 2023 | +1.3% | -1.97% | View data |
| 6 | 6 Poland | 3,745,900,000 | 2023 | +2.82% | +2.91% | View data |
| 7 | 7 Portugal | 2,982,800,000 | 2023 | +2.06% | +1.92% | View data |
| 8 | 8 Belgium | 1,049,100,000 | 2023 | +1.34% | -2.24% | View data |
| 9 | 9 Romania | 418,940,000 | 2023 | +4.22% | +6.82% | View data |
| 10 | 10 Austria | 260,490,000 | 2023 | +0.46% | +0.59% | View data |
