South Korea studies oyster market trends in Europe

Published Feb 27, 2024

Tridge summary

Europe, home to six of the top ten seafood importing countries, is witnessing a surge in seafood consumption due to the rise in vegetarianism. In 2020, the EU27 nations produced 98,000 tons of oysters, accounting for 2% of the global total, with France leading the production. By 2023, Korean oyster exports to Europe reached a value of $2.32 million, making up 2.7% of their global exports, with the UK as the largest European importer. Despite the relatively small share, the high consumption of oysters in Europe suggests a potential for market growth.

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

Original content

Of the 10 countries that import the most seafood in the world, six are European countries. In fact, awareness of healthy eating continues to grow in Europe, and with the rise of vegetarianism that avoids meat, seafood consumption is also increasing. Current status and characteristics of oyster production in Europe According to the oyster report published by FAO, the total oyster production in the EU27 countries in 2020 will be 98,000 tons, representing 2% of the total world production and ranking 5th. EU oyster production was relatively stable between 2011 and 2020, but fell by 7% between 2019 and 2020. The country that produces the most oysters in the EU is France. In 2020, French oyster production reached approximately 81,000 tonnes, equivalent to 83% of total EU production. Thus, France is the largest oyster producer in the EU and also has the largest domestic market. Most oysters produced in France are consumed domestically. In addition, France mainly imports oysters from ...

Source: Fishretail