In 2023, Spain led European total swordfish production in capture fisheries for human consumption, generating a value of €117.73 million. Italy followed with €20.22 million, with France and Portugal closely behind. Spain's production showed a modest 0.53% increase year-on-year, while Italy grew by 2.64%, and France's output surged by 6.07%. Portugal exhibited robust growth at 7.6% over the same period. Smaller producers like Cyprus and Croatia saw increases of 5.96% and 2.79% respectively. Greece's growth stood at 0.84%, indicating stability in its production metrics.
Over the past five years, the compound annual growth rate (CAGR) indicates stable to moderate growth across most contributing countries, reflective of market variations.
Looking ahead, the future of European swordfish production will hinge on sustainable fishing practices, environmental policies, and technological advancements. The fishing industry must navigate international regulations and potential ecological impacts. Monitoring consumer demand trends and enhancing traceability will also be pivotal in shaping the market dynamics.
Top countries in Total Swordfish Production in Capture Fisheries for Human Consumption by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 117,730,000 | 2023 | +1.06% | +0.53% | View data |
| 2 | 2 Italy | 20,220,000 | 2023 | +1.3% | +2.64% | View data |
| 3 | 3 France | 8,779,600 | 2023 | +25.54% | +6.07% | View data |
| 4 | 4 Portugal | 7,507,300 | 2023 | +5.29% | +7.6% | View data |
| 5 | 5 Greece | 3,735,600 | 2023 | +0.14% | +0.84% | View data |
| 6 | 6 Malta | 3,490,100 | 2022 | +7.98% | +9.02% | View data |
| 7 | 7 Cyprus | 325,370 | 2023 | +115.16% | +5.96% | View data |
| 8 | 8 Croatia | 324,980 | 2023 | -18.56% | +2.79% | View data |
| 9 | 9 Slovenia | 22.53 | 2021 | View data |
