The European seafood industry's value added in 2023 shows Spain as the leader (1.5 billion Euros), followed by France (0.86153 billion Euros) and Portugal (0.39565 billion Euros). Spain and France had growth rates of 1.11% and 2.19%, respectively. Rising figures include Lithuania's significant 11.03% increase. In contrast, Germany and the Netherlands faced declines of 5.62% and 0.95%. Additionally, smaller markets like Slovakia and Cyprus experienced notable growth of 8.69% and 5.29%. Over the past five years, these changes reflect varied CAGR across countries, showcasing diverging sector trajectories.
Future trends indicate a strengthening of smaller markets like Lithuania and Slovakia, with potential growth in sustainable practices and technology advancements. Monitoring countries exhibiting growth against those facing declines like Germany will be crucial for understanding shifts in seafood's value contribution in Europe.
Top countries in Value Added of Seafood by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,500 | 2023 | +0.48% | +1.11% | View data |
| 2 | 2 France | 861.53 | 2023 | +1.76% | +2.19% | View data |
| 3 | 3 Portugal | 395.65 | 2023 | +4.98% | +2.96% | View data |
| 4 | 4 Netherlands | 329 | 2023 | +0.61% | -0.95% | View data |
| 5 | 5 Germany | 143 | 2023 | -4.67% | -5.62% | View data |
| 6 | 6 Croatia | 128.47 | 2023 | +1.31% | -0.81% | View data |
| 7 | 7 Finland | 122 | 2023 | 0% | +0.5% | View data |
| 8 | 8 Lithuania | 50.21 | 2023 | +5.7% | +11.03% | View data |
| 9 | 9 Cyprus | 42.37 | 2023 | +10.8% | +5.29% | View data |
| 10 | 10 Estonia | 41 | 2023 | +4.82% | +1.27% | View data |
