In 2023, Italy led European Whole Fresh European Flying Squid production with a significant market share, reflecting a noteworthy 26.73% increase from the previous year. Spain followed as the second-largest producer, despite a 15.02% decrease. Ireland demonstrated strong growth with a 12.81% rise. Norway, though a smaller player, recorded the highest growth rate of 40.61%. Portugal maintained its share stable with no change.
Looking ahead, the following future trends are noteworthy:
- Italy's dominance may consolidate further if current growth continues, influencing regional market dynamics.
- Spain's declining trend requires attention; strategic changes could impact its share positively.
- Ireland's growth trajectory suggests potential for increasing market influence.
- Monitoring of Norway's rapid growth is crucial as it may alter its role within the market significantly.
Top countries in Whole Fresh European Flying Squid Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 58.22 | 2023 | -12.75% | +26.73% | View data |
| 2 | 2 Spain | 23.83 | 2023 | -11.51% | -15.02% | View data |
| 3 | 3 Ireland | 15.36 | 2023 | +3.62% | +12.81% | View data |
| 4 | 4 Norway | 1.01 | 2023 | +45.84% | +40.61% | View data |
| 5 | 5 Netherlands | 0.42 | 2022 | View data | ||
| 6 | 6 Portugal | 0.18 | 2023 | +12.69% | View data | |
| 7 | 7 Sweden | 0.14 | 2022 | -77.37% | View data | |
| 8 | 8 Iceland | 0.12 | 2021 | +125.78% | View data |
