In 2023, Italy led European Total Mediterranean spearfish production with a value of 568.64 thousand euros, maintaining stable growth. Spain and Malta followed with 11.54 thousand euros and 10.58 thousand euros, respectively, showing year-on-year increases of 7.79% and 11.92%. Cyprus and Croatia exhibited the highest growth rates, with 39.1% and 75.52% increases, albeit from lower baselines of 2.55 and 1.19 thousand euros.
Future trends to watch include:
- The stabilization of Italy's leading position amid minimal growth variance.
- Potential continued growth in smaller markets like Cyprus and Croatia, driven by high percentage increases.
- The impact of environmental and regulatory changes on production capacities.
- Shifts in consumer preferences favoring sustainable fisheries.
Top countries in Total Mediterranean Spearfish Production in Capture Fisheries for Human Consumption by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 568,640 | 2023 | -18.3% | View data | |
| 2 | 2 Spain | 11,540 | 2023 | +5.38% | +7.79% | View data |
| 3 | 3 Malta | 10,580 | 2023 | +28.84% | +11.92% | View data |
| 4 | 4 Cyprus | 2,550 | 2023 | +449.16% | +39.1% | View data |
| 5 | 5 Croatia | 1,190 | 2023 | -30.56% | +75.52% | View data |
