In 2023, Cyprus led the European Fresh Red Porgy production in capture fisheries, reflected by a high value per metric ton of €21.26 thousand. Croatia closely followed at €20.74 thousand, while France demonstrated significant growth with an 11.82% increase, reaching €17.99 thousand. Portugal and Greece also saw increases, with values of €15.54 thousand and €15.28 thousand, respectively. Italy and Spain had lower values, with Italy experiencing a decline of 0.76%, leading to €12.46 thousand, and Spain showing a slight increase of 0.39% to reach €11.46 thousand. The five-year average variation showed fluctuating trends across these countries.
Future trends in European Fresh Red Porgy production should focus on sustainable fishing practices to cope with environmental concerns. Monitoring demand fluctuations and improving supply chain efficiencies will be essential in driving value growth. With France's recent expansion, other countries might adopt similar strategies to capture a larger market share.
Top countries in Fresh Red Porgy Production in Capture Fisheries for Human Consumption by Country
| # | 7 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 21,260 | 2023 | -2.3% | -0.62% | View data |
| 2 | 2 Croatia | 20,740 | 2023 | -3.06% | +0.68% | View data |
| 3 | 3 France | 17,990 | 2023 | +9.9% | +11.82% | View data |
| 4 | 4 Portugal | 15,540 | 2023 | +0.76% | +2.63% | View data |
| 5 | 5 Greece | 15,280 | 2023 | +3.26% | +3.61% | View data |
| 6 | 6 Italy | 12,460 | 2023 | -1.7% | -0.76% | View data |
| 7 | 7 Spain | 11,460 | 2023 | +0.3% | +0.39% | View data |
