In 2023, the capture fisheries sector in Europe revealed Slovenia as the leader in production value of herrings, sardines, and anchovies with 6.1% growth. Other notable performers included Italy with an 11.66% increase and Norway up by 8.35%. However, Portugal experienced a decline of 4.03%. Generally, most countries faced moderate growth, while nations like Bulgaria and Lithuania saw reductions of 6.17% and 2.36%, respectively. The data provides a varied picture, with some strengthening their market share, while others witness minor setbacks.
Looking ahead to 2024 and beyond, several trends warrant attention:
- Technological advancements in sustainable fishing techniques.
- Shifts in consumer preferences towards eco-friendly fishery practices.
- Regulatory impacts from European Union policies on marine sustainability.
- Potential market fluctuations due to climate-related impacts on marine life.
Top countries in Total Herrings, Sardines, Anchovies Production in Capture Fisheries by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 3,160 | 2023 | +20.03% | +6.1% | View data |
| 2 | 2 Cyprus | 2,970 | 2023 | +14.02% | +0.53% | View data |
| 3 | 3 Italy | 2,560 | 2023 | -1.97% | +11.66% | View data |
| 4 | 4 Greece | 1,690 | 2023 | +1.31% | +2.78% | View data |
| 5 | 5 Spain | 1,610 | 2023 | +1.17% | +1.93% | View data |
| 6 | 6 Portugal | 1,470 | 2023 | +2.83% | -4.03% | View data |
| 7 | 7 Romania | 1,110 | 2023 | -4.59% | +3.26% | View data |
| 8 | 8 France | 847.47 | 2023 | -0.54% | -2.18% | View data |
| 9 | 9 Norway | 659.27 | 2023 | +1.47% | +8.35% | View data |
| 10 | 10 Malta | 657.68 | 2022 | +24.29% | View data |
