The European Total Flying Squid production in capture fisheries for human consumption exhibits diverse trends among key producing countries. Italy leads in economic value with €2.2069 million, demonstrating a 26.77% increase in 2023, highlighting its expanding role. Spain follows with €1.572 million, though facing a 9.05% decline, indicating challenges in production or market dynamics. Ireland shows robust growth at 12.81%, indicating potential for future expansion. Norway and other smaller players like the Netherlands, Portugal, Sweden, and Iceland contribute marginally, but Norway grew significantly by 22.34%, and Portugal experienced a remarkable increase of 35.7% in 2023.
Future trends to monitor include:
- Potential market expansion in Italy and Ireland, driven by increasing demand and production capabilities.
- Addressing challenges in Spain to recover its share in the market.
- Opportunities for niche growth in smaller markets, particularly with innovations in capture techniques and sustainability practices.
Top countries in Total European Flying Squid Production in Capture Fisheries for Human Consumption by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,206,900 | 2023 | -13.26% | +26.77% | View data |
| 2 | 2 Spain | 1,572,000 | 2023 | -7.1% | -9.05% | View data |
| 3 | 3 Ireland | 578,450 | 2023 | +3.62% | +12.81% | View data |
| 4 | 4 Norway | 19,000 | 2023 | +35.7% | +22.34% | View data |
| 5 | 5 Netherlands | 15,760 | 2022 | View data | ||
| 6 | 6 Portugal | 6,800 | 2023 | +12% | +35.7% | View data |
| 7 | 7 Sweden | 5,100 | 2022 | -77.37% | View data | |
| 8 | 8 Iceland | 4,570 | 2021 | +125.78% | View data |
