In 2023, the European Seafood Processing Production Index was led by Lithuania at 11.95, closely followed by France at 11.6. Italy, Germany, and Spain were in the mid-range, whereas Greece and Latvia had the lowest indices. Compared to previous years, France experienced a positive growth rate, while other countries showed declines, Germany, Spain, and Latvia being the most significant. For the five-year compound annual growth rate (CAGR), notable variations are observed, yet France stands out for a rising trend.
Future trends in the European Seafood Processing Production Index suggest potential growth in sustainable and value-added seafood processing. Innovation in processing technologies and shifts in consumer preferences toward eco-friendly options are critical factors to watch. Countries emphasizing sustainability may lead future index improvements.
Top countries in Seafood Processing Production Index by Country
| # | 7 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 119.5 | 2022 | -4.55% | -1.12% | View data |
| 2 | 2 France | 116 | 2022 | -4.05% | +3.43% | View data |
| 3 | 3 Italy | 104.8 | 2022 | 0% | -0.28% | View data |
| 4 | 4 Germany | 96.2 | 2022 | +0.21% | -1.87% | View data |
| 5 | 5 Spain | 90.8 | 2022 | -11.84% | -1.73% | View data |
| 6 | 6 Greece | 89.9 | 2022 | +91.68% | +0.82% | View data |
| 7 | 7 Latvia | 86.3 | 2022 | +3.98% | -1.46% | View data |