In 2023, Slovenia led European Total Red Bandfish production in value at 4.16 thousand euros per metric ton, surpassing countries like France (2.68), Italy (2.63), Spain (2.6), and Portugal (0.4377). Notably, France and Spain experienced a decline in 2023, with reductions of 2.05% and 4.6%, respectively. Conversely, Italy showed a positive trend with a 6.16% increase. The five-year CAGR reflects consistent growth, particularly for Italy, amplifying its position in the sector.
Future trends to watch:
- Market conditions affecting Slovenia's strong lead and potential impacts from policy changes.
- Technological advancements and sustainable practices influencing production efficiency across Europe.
- Continued volatility in France and Spain's production, needing monitoring for signs of stability or further decline.
- Emerging strategies from Italy that could drive sustained growth and competitiveness.
Top countries in Total Red Bandfish Production in Capture Fisheries by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 4,160 | 2021 | +4% | +15.77% | View data |
| 2 | 2 France | 2,680 | 2023 | -12.16% | -2.05% | View data |
| 3 | 3 Italy | 2,630 | 2023 | -9.46% | +6.16% | View data |
| 4 | 4 Spain | 2,600 | 2023 | +0.88% | -4.6% | View data |
| 5 | 5 Portugal | 437.7 | 2022 | View data |
