The analysis of 2023's European Total Blue and Red Shrimp Production in Capture Fisheries shows a varied performance among countries. Spain leads with the highest value of 42.68 thousand euros per metric ton, followed by Italy at 23.92, Portugal at 23.11, Malta at 21.56, and Cyprus at 20.90. Year-on-year variations indicate positive growth for Spain, Italy, Malta, and Cyprus, with Portugal experiencing a decline. Over the last five years, the Compound Annual Growth Rate (CAGR) needs more historical data for each country to be detailed, but the general trend is upward for most countries.
Future trends to watch for include:
- Continued growth in Spain, potentially maintaining its lead in production value.
- Italy and Malta's consistent year-on-year growth could signal increasing competitiveness.
- Portugal needs strategic improvements to revert its decline phase.
- Potential stability or small growth in Cyprus as indicated by slight improvement.
Top countries in Total Blue and Red Shrimp Production in Capture Fisheries by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 42,680 | 2023 | +11.01% | +5.26% | View data |
| 2 | 2 Italy | 23,920 | 2023 | -10.04% | +1.17% | View data |
| 3 | 3 Portugal | 23,110 | 2023 | -1% | -3.73% | View data |
| 4 | 4 Malta | 21,560 | 2023 | -30.98% | +6.83% | View data |
| 5 | 5 Cyprus | 20,900 | 2023 | +2.46% | +0.52% | View data |
