Italy leads European whole fresh common squid production, with the highest value per metric ton at €14.38 thousand. In 2023, Portugal showed significant growth, increasing by 9.3%, while Italy also rose by 4.87%. Spain, however, experienced a decline of 7.61% along with Cyprus, which had the most substantial drop of 14.52%. Portugal's impressive rise could be attributed to stronger capture fisheries investments. Over the past five years, Spain and Cyprus appear to show declining trends, contrasting with steady progresses in Italy and Portugal.
Future trends to monitor include the impact of environmental regulations, shifts in consumer preferences towards sustainable sourcing, and technological advancements in capture fisheries. Italy and Portugal should sustain their growth, while countries like Spain might need strategic realignment to counter declining trends. Growth opportunities may arise from increasing demand for seafood across Europe, favoring nations with efficient and sustainable fishing practices.
Top countries in Whole Fresh Common Squids Production in Capture Fisheries for Human Consumption by Country
| # | 8 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 14,380 | 2023 | -3.52% | +4.87% | View data |
| 2 | 2 Portugal | 9,830 | 2023 | +2.62% | +9.3% | View data |
| 3 | 3 Netherlands | 8,910 | 2022 | View data | ||
| 4 | 4 Spain | 8,570 | 2023 | +10.7% | -7.61% | View data |
| 5 | 5 Belgium | 7,300 | 2023 | -0.78% | +1.69% | View data |
| 6 | 6 United Kingdom | 6,320 | 2023 | +0.97% | -1.91% | View data |
| 7 | 7 Ireland | 5,410 | 2023 | +1.55% | -0.77% | View data |
| 8 | 8 Cyprus | 3,650 | 2023 | -15.02% | -14.52% | View data |
