In 2023, Italy led European stargazer production in capture fisheries, with the highest price per metric ton, showing a notable year-on-year growth of 3.34%. Malta followed, despite a slight decrease of 0.34% from the previous year. France and Spain exhibited moderate growth, at 1.3% and 0.8% respectively. Croatia and Cyprus also recorded positive trends, with Cyprus showing a significant increase of 2.59%. Over the past five years, the compound annual growth rate (CAGR) varies across countries, reflecting diverse industry dynamics.
Future trends to watch include:
- Technological advancements in sustainable fishing.
- Impact of climate change on fish populations and distribution.
- Economic policies and trade agreements influencing market dynamics.
- Consumer demand shifts towards sustainable and locally-sourced seafood.
Top countries in Total Stargazer Production in Capture Fisheries by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 6,620 | 2023 | +0.29% | +3.34% | View data |
| 2 | 2 Malta | 5,380 | 2023 | +4.22% | -0.34% | View data |
| 3 | 3 France | 5,310 | 2023 | -3.2% | +1.3% | View data |
| 4 | 4 Spain | 5,080 | 2023 | -0.68% | +0.8% | View data |
| 5 | 5 Croatia | 3,870 | 2023 | -1.56% | +1.76% | View data |
| 6 | 6 Cyprus | 3,030 | 2023 | +9.24% | +2.59% | View data |
