In 2023, the Netherlands led European squid production valued at approximately 19.543 million Euros, showing a robust increase of 17.22% year-on-year. Spain followed with a significant but declining contribution of 13.45 million Euros, down by 9.17%. Portugal saw a positive trend with an 11.75% growth, posting 6.662 million Euros. Greece and Italy experienced contractions of 1.54% and 19.67%, respectively. Other countries like Croatia and Slovenia achieved moderate growth, whereas Sweden markedly increased its production by 33.27%. Over five years, Compound Annual Growth Rate (CAGR) trends suggest continued volatility, with notable but varied growth in squid capture fisheries.
Future trends to watch include potential shifts due to climate change impacting squid populations and preferences for sustainable fishing practices across Europe. The Netherlands may continue its lead, but Spanish and Portuguese recovery efforts in production could influence the balance. Technological advancements in fishing techniques and regulatory changes supporting sustainable practices might fuel growth and shifts in market positions over the coming years.
Top countries in Whole Fresh European Squid Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 19,543,000 | 2023 | -13.45% | +17.22% | View data |
| 2 | 2 Spain | 13,450,000 | 2023 | -4.48% | -9.17% | View data |
| 3 | 3 Portugal | 6,662,000 | 2023 | -4.21% | +11.75% | View data |
| 4 | 4 Greece | 6,169,300 | 2023 | -1.5% | -1.54% | View data |
| 5 | 5 Italy | 5,994,800 | 2023 | -16.47% | -19.67% | View data |
| 6 | 6 Croatia | 910,480 | 2023 | -36.52% | +5.01% | View data |
| 7 | 7 Slovenia | 152,010 | 2023 | +0.77% | +3.58% | View data |
| 8 | 8 Cyprus | 134,010 | 2023 | +19.99% | +11.29% | View data |
| 9 | 9 Malta | 131,190 | 2021 | View data | ||
| 10 | 10 Sweden | 6,790 | 2023 | +144.8% | +33.27% | View data |
