In 2023, Lithuania leads the European seafood processing production index with a value of 11.93, followed by France and Italy with 11.61 and 10.39, respectively. Germany, Spain, and Greece have lower values, highlighting their smaller industry presence. Year-on-year variation highlights notable growth in France by 3.57%, while Germany and Spain saw contractions at -1.75% and -1.66% respectively, indicating varied industry dynamics. Over recent years, the compound annual growth rate (CAGR) showcases steady yet diverse growth trends across different countries.
Future trends to watch include potential growth pathways for countries that invest in technological advancements and sustainable practices in seafood processing. Navigating Brexit-related trade disruptions and local ecological policies will be crucial. The industry's response to consumer demand for sustainably sourced seafood will dictate long-term strategic developments within the European seafood processing sector.
Top countries in Seafood Processing Production Index by Country
| # | 7 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 119.3 | 2022 | -5.17% | -1.2% | View data |
| 2 | 2 France | 116.1 | 2022 | -4.13% | +3.57% | View data |
| 3 | 3 Italy | 103.9 | 2022 | -1.14% | -0.15% | View data |
| 4 | 4 Germany | 96.6 | 2022 | +0.1% | -1.75% | View data |
| 5 | 5 Spain | 90.5 | 2022 | -12.39% | -1.66% | View data |
| 6 | 6 Greece | 89.5 | 2022 | +92.06% | +0.82% | View data |
| 7 | 7 Latvia | 87.4 | 2022 | +4.3% | -1.38% | View data |
