In 2023, Spain led European blackbelly rosefish production for human consumption with a value of 2.8269 million euros, followed by Portugal at 1.8393 million euros. Italy saw a substantial decline of 37.24% in value. Small-scale production was noted in Ireland, France, Malta, the United Kingdom, Cyprus, and the Netherlands, with Cyprus and the Netherlands contributing negligible amounts. The overall European industry is marked by a mixture of moderate growth and significant declines in value year-on-year, indicating possible overfishing or market fluctuations.
Looking forward, increased focus on sustainable fishing practices, climate impact on fish habitats, shifts in demand for seafood, and potential regulatory changes will shape the blackbelly rosefish industry. Key players must adapt to these trends to ensure steady production levels and profitability.
Top countries in Total Blackbelly Rosefish Production in Capture Fisheries for Human Consumption by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 2,826,900 | 2023 | +13.91% | -3.67% | View data |
| 2 | 2 Portugal | 1,839,300 | 2023 | +2.88% | -5.05% | View data |
| 3 | 3 Italy | 1,006,000 | 2023 | +44.14% | -37.24% | View data |
| 4 | 4 Ireland | 718,580 | 2022 | +135.2% | +119.57% | View data |
| 5 | 5 France | 66,890 | 2023 | +0.19% | +2.8% | View data |
| 6 | 6 Malta | 26,610 | 2023 | +3.59% | -3.12% | View data |
| 7 | 7 United Kingdom | 15,810 | 2023 | +4.09% | -14.45% | View data |
| 8 | 8 Cyprus | 69 | 2022 | -61.67% | -18.51% | View data |
| 9 | 9 Netherlands | 3 | 2022 | View data |
