In 2023, Spain led European Fresh Starry Smoothhound production in capture fisheries for human consumption, with a value of 6.73 thousand euros per metric ton, followed by the United Kingdom at 3.77. Italy and Malta experienced declining values, while Netherlands showed moderate growth. Spain saw an 18.94% increase, UK 12.36%, and the Netherlands 8.59%. In contrast, Italy, Malta, and Portugal faced declines, with Italy at -7.91%, Malta at -19.27%, and Portugal at -10.87%. Over five years, Spain achieved a steady compound annual growth rate (CAGR).
Future trends to watch include potential shifts in sustainable fishing practices, regulatory impacts on quotas, and economic factors affecting export markets. Enhanced traceability and quality standards could further influence the market dynamics, while the UK's post-Brexit policies may affect fish trade with EU countries.
Top countries in Fresh Starry Smoothhound Production in Capture Fisheries for Human Consumption by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 6,730 | 2023 | +20.61% | +18.94% | View data |
| 2 | 2 United Kingdom | 3,770 | 2023 | +6.39% | +12.36% | View data |
| 3 | 3 Italy | 1,830 | 2023 | -12.94% | -7.91% | View data |
| 4 | 4 Malta | 1,110 | 2023 | -61.66% | -19.27% | View data |
| 5 | 5 Portugal | 1,030 | 2023 | +3.88% | -10.87% | View data |
| 6 | 6 Netherlands | 750.77 | 2023 | +12.76% | +8.59% | View data |