The Greek market for processed anchovies, either whole or in pieces, has displayed a fluctuating trend in the past decade, reaching a volume of 624.05 thousand kilograms in 2023. The market experienced significant growth until 2016 but began to decline afterward, with an annual decrease of 2.07% in 2023. Over the last five years, the compound annual growth rate was -3.49%, highlighting a consistent downward trend.
Future trends to watch for include the potential impacts of domestic aquaculture innovations and global sustainability concerns, as well as changes in consumer preferences towards locally sourced and organic seafood products.
