Seafood Market Size Volume Per Capita in Spain

The Seafood Market Size Volume Per Capita in Spain has exhibited fluctuating trends over the past decade. Between 2012 and 2016, the market saw a consistent increase, peaking at 28.87 kg per capita in 2015. However, since 2017, there has been a noticeable decline, with values dropping to a low of 20.46 kg per capita in 2018, followed by slight recoveries and declines in subsequent years. The market saw modest movements around 22 kg per capita in 2020 and 2021, with a slight rise to 21.6 kg per capita in 2022.

Year-on-Year percentage variations reveal a significant drop of around 23% from 2016 to 2017, followed by a lesser yet notable decline in 2018. The latest two-year comparison shows a decrease from 22.44 kg per capita in 2020 to 20.82 in 2021, equating to a 7.2% reduction, and a minor recovery to 21.6 kg per capita in 2022, a 3.7% growth. The Compound Annual Growth Rate (CAGR) over the last five years indicates an average yearly decrease of approximately 1.12%.

Future trends to watch for include technological advancements in aquaculture that may boost production and sustainability, consumer trends favoring health and eco-friendly options, and potential impacts of global economic conditions. Monitoring changes in consumer behavior towards seafood consumption and regulatory environments will also be crucial for forecasting the market.