Spanish seafood market trends

Published 2020년 9월 14일

Tridge summary

Spain's seafood consumption is 1.9 times the EU average, with fish accounting for 12% of household food expenditures. The country's production in 2017 was 1.27 million tons, with a decreasing trend in fishing boats and fisheries but an increasing trend in aquaculture. The major export items include tuna, imported squid, and shrimp, with a trade deficit due to an import-oriented structure. The processed seafood distribution market is expected to grow steadily over the next five years, reaching 460,000 tons in 2024. Additionally, a survey found that 85% of distribution companies in five countries predicted that sales of sustainable products increased over the past five years and will continue to increase.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Spain's annual seafood consumption is 1.9 times the EU average. Export structure centered on Europe… Major export items including tuna Imported squid, tuna, and shrimp from Morocco, Ecuador, and France Fish accounts for 12% of Spanish household food expenditures'Sustainability Market' expected to grow rapidly over the next five years Spanish seafood production 2017 Spanish seafood The output is 1.27 million tons. Among them, the fishing industry output was 960,000 tons, accounting for 75.5% of the total production, and aquaculture production was 310,000 tons, accounting for 24.5%. Looking at the production of fishery products from 2013 to 2017, the proportion of fishing boats and fisheries continued to decrease, while the production of aquaculture fishery was showing an increasing trend. Fish production in Spain in 2017 was 960,000 tons, accounting for 75.5% of the total seafood production, of which migratory fish production accounted for the largest share of 560,000 tons. The ...

Source: Fisheco