The European anchovy capture fisheries production shows Spain and Italy as leading contributors, holding respective shares of 38.54% and 37.8% in 2023. Greece follows with 9.32%, with Portugal making notable gains, reflecting a 6.63% annual increase. Smaller markets like the Netherlands and Bulgaria demonstrate exceptional growth with 45.19% and 95.8% increases respectively, indicating potential for expansion. In contrast, Croatia and the United Kingdom experienced declines, at -5.33% and -5.98% respectively. Over the past five years, Portugal has shown strong performance with an encouraging average annual growth rate.
Future trends suggest a focus on sustainable practices, technological advancements, and the exploration of smaller, emerging markets such as the Netherlands and Bulgaria, to sustain growth and meet ecological standards. Diversification beyond traditional leaders like Spain and Italy is anticipated, leveraging Europe's varied marine environments and supporting industry resilience.
Top countries in Total European Anchovy Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 38.54 | 2023 | -0.79% | -1.51% | View data |
| 2 | 2 Italy | 37.8 | 2023 | -3.16% | +3.33% | View data |
| 3 | 3 Greece | 9.32 | 2023 | -2.38% | -1.51% | View data |
| 4 | 4 Portugal | 7.09 | 2023 | +23.45% | +6.63% | View data |
| 5 | 5 Croatia | 4.15 | 2023 | -33.04% | -5.33% | View data |
| 6 | 6 France | 0.71 | 2022 | +71.51% | -19.43% | View data |
| 7 | 7 United Kingdom | 0.2 | 2023 | +1.07% | -5.98% | View data |
| 8 | 8 Netherlands | 0.093 | 2023 | +582.3% | +45.19% | View data |
| 9 | 9 Bulgaria | 0.074 | 2023 | +31.45% | +95.8% | View data |
| 10 | 10 Denmark | 0.056 | 2022 | +195.11% | View data |
