As of 2023, Spain leads European Greater Forkbeard production in value at €4.177 million, followed by Italy with €1.375 million. While Italy shows an impressive year-on-year growth of 8.12%, Spain grows more modestly at 1.37%. Notable declines include Norway and Portugal, decreasing by 5.33% and 19.48%, respectively. Denmark’s production significantly increased by 15.85%, highlighting a positive trend. Other countries like France and the UK experienced minimal variations.
Future trends to watch include:
- Growth potential as countries like Italy and Denmark continue to capitalize on increased output.
- Impact of sustainability initiatives and regulatory changes on fishing practices.
- Potential market fluctuations driven by environmental factors affecting fish populations.
- Expansion opportunities through technological advances and market diversification in underperforming regions.
Top countries in Total Greater Forkbeard Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 4,177,000 | 2023 | +31.39% | +1.37% | View data |
| 2 | 2 Italy | 1,374,800 | 2023 | +0.53% | +8.12% | View data |
| 3 | 3 Ireland | 320,030 | 2022 | +10.05% | View data | |
| 4 | 4 France | 304,310 | 2023 | -7.23% | +0.26% | View data |
| 5 | 5 United Kingdom | 291,190 | 2023 | -12.37% | -1.01% | View data |
| 6 | 6 Norway | 162,910 | 2023 | -0.77% | -5.33% | View data |
| 7 | 7 Denmark | 79,320 | 2023 | +18.86% | +15.85% | View data |
| 8 | 8 Portugal | 30,300 | 2023 | -24.35% | -19.48% | View data |
| 9 | 9 Malta | 11,660 | 2022 | +94.48% | +186.87% | View data |
| 10 | 10 Sweden | 269.57 | 2023 | +1170% | -7.3% | View data |
