In 2023, Spain leads European production of fresh squids, cuttlefishes, and octopuses with 120 million euros, showing a 2.21% increase. Italy experienced a significant decline of 9.37%, reaching 106.55 million euros. France saw a 3.41% rise to 102.38 million euros. Portugal and the UK noted modest increases of 1.6% and 3.72%, respectively. The Netherlands experienced the highest five-year CAGR, while smaller producers like Belgium and Croatia are steadily growing.
Looking forward, demand for sustainable seafood is anticipated to influence production capacities and techniques. Smaller countries may enter niche markets, while technological advancements could improve capture efficiency and environmental impact. Brexit's ongoing effects also merit close observation in the UK. Key trends to monitor include regulatory changes, climate impact, and trade agreements across Europe.
Top countries in Fresh Squids, Cuttlefishes, Octopuses Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 120,000,000 | 2023 | +5.4% | +2.21% | View data |
| 2 | 2 Italy | 106,550,000 | 2023 | +4.88% | -9.37% | View data |
| 3 | 3 France | 102,380,000 | 2023 | -22.83% | +3.41% | View data |
| 4 | 4 Portugal | 54,573,000 | 2023 | -17.88% | +1.6% | View data |
| 5 | 5 United Kingdom | 40,355,000 | 2023 | +3.06% | +3.72% | View data |
| 6 | 6 Greece | 40,130,000 | 2023 | -0.85% | -1.61% | View data |
| 7 | 7 Netherlands | 20,235,000 | 2023 | -27.52% | +10.99% | View data |
| 8 | 8 Belgium | 5,968,000 | 2023 | -34.96% | +5.08% | View data |
| 9 | 9 Croatia | 4,074,100 | 2023 | -12.68% | +3.69% | View data |
| 10 | 10 Denmark | 852,440 | 2023 | +9.02% | +8.89% | View data |