In 2024, Italy leads European flying squid production, holding 55.12% share in capture fisheries. While Spain and Ireland trail with 22.56% and 17.86%, respectively. Notably, Norway displayed impressive growth in 2023 with an 84.01% increase, while Spain saw a decline of 15.02%. Over the past five years, Iceland exhibited strong growth, increasing its value by 58.01% in the last comparable period.
Future trends to monitor:
- Impact of climate change on squid migrations and availability in European waters.
- Potential shifts in market demand driven by changing culinary trends and preferences for sustainable seafood.
- Innovation in capture technology and sustainability practices limiting environmental impact.
- Geopolitical trade policies influencing European fisheries and market access.
Top countries in Whole Fresh European Flying Squid Production in Capture Fisheries Share by Country (Euros)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 55.12 | 2023 | -12.75% | +26.73% | View data |
| 2 | 2 Spain | 22.56 | 2023 | -11.51% | -15.02% | View data |
| 3 | 3 Ireland | 17.86 | 2023 | +7.12% | +17.54% | View data |
| 4 | 4 Norway | 4.57 | 2023 | +54.65% | +84.01% | View data |
| 5 | 5 Netherlands | 0.4 | 2022 | View data | ||
| 6 | 6 Portugal | 0.17 | 2023 | +12.69% | View data | |
| 7 | 7 Sweden | 0.13 | 2022 | -77.37% | View data | |
| 8 | 8 Iceland | 0.078 | 2023 | +5.98% | +58.01% | View data |
