The European Seafood Gross Value Added (GVA) share by country in 2024 highlights Spain as the dominant player with a significant share of 37.48 million euros, followed by Italy and Greece with 20.86 and 17.31 million euros, respectively. Notable changes from 2023 include Latvia's substantial growth of 14.87%, indicating potential expansion in its seafood industry, while Slovakia experienced the largest decline at -23.89%, pointing to systemic challenges. Greece and Finland showed moderate growth, whereas Italy and the Netherlands faced declines by -4.34% and -3.88% respectively.
Future trends to watch include Spain's potential efforts to maintain or increase its lead, the sustainability of Latvia's rapid growth, and how Slovakia and similarly declining countries address their downturns. Additionally, moderate growth in countries like Greece and Finland may indicate steady sectoral improvements worth monitoring.
Top countries in Seafood Gross Value Added Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 37.48 | 2023 | +0.068% | +0.97% | View data |
| 2 | 2 Italy | 20.86 | 2023 | +0.9% | -4.34% | View data |
| 3 | 3 Greece | 17.31 | 2023 | +0.17% | +3.07% | View data |
| 4 | 4 Netherlands | 7.23 | 2023 | -0.7% | -3.88% | View data |
| 5 | 5 Ireland | 4.47 | 2023 | +4.2% | +0.45% | View data |
| 6 | 6 Finland | 3.68 | 2023 | 0% | +3.89% | View data |
| 7 | 7 Croatia | 3.48 | 2023 | +7.29% | +0.32% | View data |
| 8 | 8 Latvia | 1.68 | 2023 | +2.65% | +14.87% | View data |
| 9 | 9 Cyprus | 1.11 | 2023 | +2.85% | +5.78% | View data |
| 10 | 10 Austria | 0.98 | 2023 | +4.41% | +5.24% | View data |
