In 2023, Italy led European squid capture fisheries with 2.1928 million euros, a 26.73% rise year-on-year. Norway and Iceland also experienced significant growth, with increases of 60.78% and 58.01%, respectively. In contrast, Spain faced a 15.11% decline, and Portugal showed no change. Ireland saw growth of 17.54%, reflecting positive trends. Trends over the last five years indicate fluctuating patterns, with varied growth rates across countries, highlighting different market dynamics and strategic priorities.
Future trends to watch include potential market shifts due to environmental policies, technological advancements in capture techniques, and increased demand for sustainable fishing practices. Continuous monitoring of policy changes and consumer preferences is crucial to anticipate future market dynamics.
Top countries in Fresh European Flying Squid Production in Capture Fisheries by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,192,800 | 2023 | -12.75% | +26.73% | View data |
| 2 | 2 Spain | 893,450 | 2023 | -11.92% | -15.11% | View data |
| 3 | 3 Ireland | 710,380 | 2023 | +7.12% | +17.54% | View data |
| 4 | 4 Norway | 111,390 | 2023 | +37.62% | +60.78% | View data |
| 5 | 5 Netherlands | 15,760 | 2022 | View data | ||
| 6 | 6 Portugal | 6,690 | 2023 | +12.69% | View data | |
| 7 | 7 Sweden | 5,100 | 2022 | -77.37% | View data | |
| 8 | 8 Iceland | 2,810 | 2023 | +5.98% | +58.01% | View data |
