In 2023, Greece dominated European Fresh Red Porgy production in capture fisheries, contributing significantly with a value of 11.17 million euros. Following Greece, Spain (3.63 million euros) and France (2.05 million euros) were notable contributors. Italy and Portugal showed slight negative growth with values of 1.99 and 1.90 million euros respectively. Other countries like Croatia and Cyprus had minimal contributions, with Croatia witnessing a positive growth of 10.06% and Cyprus a decline of 16.73% year-on-year.
Future trends to watch include potential shifts in market dynamics due to demand changes or fishing regulations, which might influence production levels in these countries. Technological advancements in sustainable fishing could also impact production efficiency and regional market shares.
Top countries in Fresh Red Porgy Production in Capture Fisheries by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 11,170,000 | 2023 | +5.45% | +5.7% | View data |
| 2 | 2 Spain | 3,633,500 | 2023 | +1.79% | +5.45% | View data |
| 3 | 3 France | 2,047,400 | 2023 | +12.57% | +14.61% | View data |
| 4 | 4 Italy | 1,995,300 | 2023 | +19.23% | -2.49% | View data |
| 5 | 5 Portugal | 1,900,400 | 2023 | +4.58% | -2.93% | View data |
| 6 | 6 Croatia | 187,790 | 2023 | -17.19% | +10.06% | View data |
| 7 | 7 Cyprus | 35,780 | 2023 | -62% | -16.73% | View data |