In 2023, Portugal led the European nations in dried fish consumption with 8.33 kg per capita. This is significantly higher than Spain (0.58 kg), Italy (0.28 kg), France (0.13 kg), and Finland (0.071 kg). These figures are forecasted to remain consistent into 2024, reflecting a nil year-on-year variation in per capita volume. Over the last five years, the Compound Annual Growth Rate (CAGR) shows minimal variation, suggesting stable consumption patterns in the region. Portugal's dominance indicates a cultural preference for dried fish that is less prevalent in other European countries.
Future trends in the European dried fish market may include:
- Potential growth in untapped markets, driven by increasing awareness of health benefits associated with dried fish.
- Influence of sustainability and eco-conscious consumer choices on market dynamics.
- Innovations in packaging and preservation methods could enhance product appeal and expand market share in other European regions.
Top countries in Dried FIsh Market Size Volume Per Capita by Country
| # | 5 Countries | Kilograms Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Portugal | 8.33 | 2023 | View data |
| 2 | 2 Spain | 0.58 | 2023 | View data |
| 3 | 3 Italy | 0.28 | 2023 | View data |
| 4 | 4 France | 0.13 | 2023 | View data |
| 5 | 5 Finland | 0.071 | 2023 | View data |
