In 2023, Italy led European fresh cuttlefish and bobtail squid production in capture fisheries for human consumption, with the highest valuation at 14.44 thousand euros per metric ton, showing a year-on-year increase of 12.11%. Spain followed at 7.69, with a minimal rise of 1.7%. The UK, having a valuation of 3.69, experienced a decline by 3.19%. Croatia and France valued at 3.23 and 2.59 respectively, had a slight increase in Croatia at 3.2% but a decrease in France at 3.4%. Over the last five years, these variations indicate potential shifts in market dynamics.
In 2024, key trends to watch include Italy's sustainability in maintaining high prices, Spain's potential for growth beyond current valuations, and the UK's strategic adjustments to reverse its declining trend. Additionally, Croatia and France may need to leverage policy or innovation to stabilize and boost their production values effectively.
Top countries in Fresh Cuttlefish, Bobtail Squids Production in Capture Fisheries for Human Consumption by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 14,440 | 2023 | -3.11% | +12.11% | View data |
| 2 | 2 Spain | 7,690 | 2023 | +3.99% | +1.7% | View data |
| 3 | 3 United Kingdom | 3,690 | 2023 | +1.98% | -3.19% | View data |
| 4 | 4 Croatia | 3,230 | 2023 | -11.58% | +3.2% | View data |
| 5 | 5 France | 2,590 | 2023 | +8.32% | -3.4% | View data |
