In 2023, Greece led the European total red mullet capture fisheries sector, valued at €13.822 million, followed by Italy and Spain with €12.316 million and €9.8199 million, respectively. Between 2022 and 2023, Greece and Spain saw modest growth of around 3%, while Italy experienced a significant decline of nearly 18%. France posted a growth of over 9%, contrasting Croatia's near 9% drop. Notably, the Netherlands experienced a dramatic increase of over 157%. Over the past five years, the industry showed volatility, with varying annual growth rates.
Looking to the future, trends to watch include the impact of environmental policies on catch limits, technological advancements in fishing, and shifts in consumer demand influenced by sustainability concerns, which may significantly affect the production dynamics and economic contributions across European countries.
Top countries in Total Red Mullet Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 13,822,000 | 2023 | +1.96% | +3.08% | View data |
| 2 | 2 Italy | 12,316,000 | 2023 | -17.19% | -17.9% | View data |
| 3 | 3 Spain | 9,819,900 | 2023 | +0.69% | +3.14% | View data |
| 4 | 4 France | 1,415,700 | 2023 | +7.76% | +9.38% | View data |
| 5 | 5 Croatia | 1,026,400 | 2023 | -18.41% | -8.57% | View data |
| 6 | 6 Bulgaria | 386,070 | 2023 | +79.04% | -9.24% | View data |
| 7 | 7 Cyprus | 196,500 | 2023 | -1.71% | -0.68% | View data |
| 8 | 8 Ireland | 80,980 | 2022 | View data | ||
| 9 | 9 Romania | 62,840 | 2022 | -8.53% | +64.68% | View data |
| 10 | 10 Malta | 50,730 | 2021 | +299.27% | View data |