Extracts and juices of meat, fish and aquatic invertebrates market in Southern Europe

Earlier Report Observations

The market for meat, fish, and aquatic invertebrate extracts and juices in Southern Europe contracted sharply from $62.1 million in 2018 to $24.7 million in 2020, a decline that aligned with the global COVID-19 pandemic's disruption of supply chains and consumption. A partial recovery followed, bringing the market to $32.4 million in 2021 and stabilization near $32.6 million in 2022, before another decrease to $30.6 million in 2023.

By 2023, Spain had strengthened its position as a leading exporter of these products, underscoring the activity of established regional producers. In 2024, the market environment was increasingly shaped by EU regulatory focus on sanitary certification, labeling, and sustainability, coupled with growing consumer awareness for responsibly sourced seafood. Major players adopted digital traceability initiatives and technological improvements in aquaculture, while new wholesale and retail companies entered the market in Portugal, reflecting ongoing sector dynamism.

Production extracts and juices of meat, fish and aquatic invertebrates in Southern Europe

In kind, 2017-2020, t

Top producers of extracts and juices of meat, fish and aquatic invertebrates, 2017-2020

World map of production of extracts and juices of meat, fish and aquatic invertebrates, 2017-2020

In Southern Europe, production of extracts and juices of meat, fish and aquatic invertebrates reached 18 816 tonnes in 2020, marking a sharp decline of 33.3% compared to 2019. Over the period from 2017 to 2020, production fell by 44.1%, with an average annual decrease of 17.6%. The only year of growth during this period was 2019, when production increased by 3.8%.

Annual dynamics of production in Southern Europe in kind, 2017-2020, t

In value, 2017-2020, M $ US

Southern Europe's production of extracts and juices of meat, fish and aquatic invertebrates declined for the third consecutive year. In 2020, the output was valued at 52.1 million US dollars, down by 29.5% from the previous year. From 2017 to 2020, production decreased by 56.6%, with an average annual decline of 24.3%.

Annual dynamics of production in Southern Europe in value, 2017-2020, M $ US

Exports extracts and juices of meat, fish and aquatic invertebrates from Southern Europe

Exports in kind, t

Southern Europe's exports of extracts and juices of meat, fish and aquatic invertebrates increased for the third consecutive year. In 2020, the region exported 14 929 tonnes, which was 1.2% higher than the previous year. Between 2017 and 2020, exports grew by 23.1%, equating to an average annual increase of 7.2%.

Annual dynamics of product's exports from Southern Europe in kind, 2017-2020, t

From 2017 to 2020, Germany, France, and the Netherlands were the key partners for Southern Europe's exports of extracts and juices of meat, fish and aquatic invertebrates in volume terms. Germany accounted for 39.8% of exports, France for 14.1%, and the Netherlands for 6.8%, together representing 60.7% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Southern Europe in kind, 2017-2020

Exports in value, K $ US

After a two-year decline, exports of extracts and juices of meat, fish and aquatic invertebrates from Southern Europe increased in 2020. The region exported 41 347 thousand US dollars worth of these products, up by 7.1% from the previous year. Over the period from 2017 to 2020, exports decreased by 4.4%, with an average annual decline of 1.5%. The lowest value was recorded in 2019 at 38 611 thousand US dollars, which also saw the largest decline of 8.6%.

Annual dynamics of product's exports from Southern Europe in value, 2017-2020, K $ US

From 2017 to 2020, Germany, the Netherlands, and France were the three principal markets for Southern Europe's exports of extracts and juices of meat, fish and aquatic invertebrates in value terms, together accounting for 52.8% of total exports.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Southern Europe in value, 2017-2020

Imports extracts and juices of meat, fish and aquatic invertebrates to Southern Europe

Imports in kind, t

In 2020, Southern Europe imported 1 525 tonnes of extracts and juices of meat, fish and aquatic invertebrates, a reduction of 23.3% compared to the previous year. Over the period from 2017 to 2020, imports decreased by 26.2%, with an average annual decline of 9.6%. The largest increase during this period was in 2019, with a rise of 20.7%.

Annual dynamics of product's imports to Southern Europe in kind, 2017-2020, t

Throughout 2017 to 2020, France, Belgium, and Turkey were the key partners for Southern Europe's imports of extracts and juices of meat, fish and aquatic invertebrates in volume terms. France accounted for 23.3% of imports, Belgium for 16.1%, and Turkey for 14.4%, jointly representing 53.8% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Southern Europe in kind, 2017-2020

Imports in value, K $ US

Southern Europe's imports of extracts and juices of meat, fish and aquatic invertebrates declined for the third consecutive year. In 2020, the region imported [value_last_year] thousand US dollars worth of these products, equivalent to a decrease of 5.2% from the previous year. Between 2017 and 2020, imports fell by 38.3%, equating to an average annual decline of 14.9%.

Annual dynamics of product's imports to Southern Europe in value, 2017-2020, K $ US

From 2017 to 2020, Belgium, France, and the United Kingdom formed the main cluster of markets for Southern Europe's imports of extracts and juices of meat, fish and aquatic invertebrates in value terms. Belgium accounted for 23.8% of imports, France for 22.5%, and the United Kingdom for 17.5%, with a combined share of 63.8% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Southern Europe in value, 2017-2020