In 2023, Italy led European fresh common squid production in value, followed by Portugal and Spain. Italy's growth was the most notable, increasing by 4.87% year-on-year. Portugal experienced a significant 9.3% increase, while Spain showed a decline of 5.92%. Smaller markets like Ireland and Cyprus saw declines, with Cyprus experiencing a significant 14.52% reduction.
Looking ahead, the European fresh common squid market faces several key trends:
- The impact of climate change on squid habitats may alter supply levels.
- Technological advancements in capture techniques could influence production efficiency.
- Economic factors, such as changing consumer preferences and tariffs, will shape market dynamics.
Top countries in Fresh Common Squids Production in Capture Fisheries for Human Consumption by Country
| # | 8 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 14,380 | 2023 | -3.52% | +4.87% | View data |
| 2 | 2 Portugal | 9,830 | 2023 | +2.62% | +9.3% | View data |
| 3 | 3 Spain | 9,040 | 2023 | +16.72% | -5.92% | View data |
| 4 | 4 Netherlands | 8,910 | 2022 | View data | ||
| 5 | 5 Belgium | 7,000 | 2023 | -4.78% | +0.86% | View data |
| 6 | 6 United Kingdom | 6,470 | 2023 | +1.46% | -1.44% | View data |
| 7 | 7 Ireland | 5,400 | 2023 | +1.51% | -0.8% | View data |
| 8 | 8 Cyprus | 3,650 | 2023 | -15.02% | -14.52% | View data |
