The processed fish market in Spain experienced fluctuations over the past decade, with a high volume of 470.59 million kilograms in 2023. The market saw a significant increase between 2013 and 2019, but the growth rate slowed with a modest 0.18% year-on-year increase in both 2022 and 2023. The CAGR over the last 5 years stood at 6.15%, indicating gradual growth momentum in recent years.
- From 2013 to 2015, the market saw consistent growth before a notable decline in 2016.
- Significant growth resumed in 2019, continuing through the pandemic years of 2020 and 2021.
- The last two years showed minimal growth, indicating a possible market stabilization in processed fish volumes.
Future trends should focus on sustainability, evolving consumer preferences, and innovations in processing technologies, which may influence market dynamics and present new growth opportunities.
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 470,590,000 | 2023 | +0.18% | +6.15% | |
| 2 | 2 Germany | 360,040,000 | 2023 | +1.36% | +2.13% | View data |
| 3 | 3 Poland | 303,070,000 | 2023 | +2.3% | +2.14% | View data |
| 4 | 4 France | 160,580,000 | 2023 | +0.78% | +1.16% | View data |
| 5 | 5 Italy | 138,960,000 | 2023 | +1.82% | +2.35% | View data |