New data from Eurostat reveals a notable contraction in European Union aquaculture production, with overall volumes and values declining even as Cyprus continues to maintain its engagement in the sector.

Overview Of EU Aquaculture Production

EU aquaculture reached 1 million tonnes of fish, molluscs, algae and crustaceans in 2024, with a total value of €4.6 billion. Compared with 2023, production declined by 3.7% in volume and 3.6% in value, reflecting weaker sector performance.

Cyprus’ Role In European Aquaculture

Among the European nations, Cyprus produced 9,053.9 tonnes of farmed aquatic organisms, a modest yet steady contribution that underscores its role as an active participant in the region’s diversified aquaculture network.

Leading Contributors To EU Aquaculture

Production remains concentrated among a small group of countries. Spain led with 246,137 tonnes, representing 24.3% of total EU output. France followed with 181,434 tonnes, or 17.9%, and Greece with 127,493 tonnes, or 12.6%. Italy produced 98,051 tonnes, or 9.7%, while Poland accounted for 43,554 tonnes, or 4.3%. Together, these five countries generated more than two-thirds of total EU aquaculture output.

Species Breakdown And Economic Impact

Mussels emerged as the most produced species by live weight, accounting for 32.8% of the total EU output. In contrast, when assessed by economic value, trout led with 17.9%, followed by seabass (14.5%) and gilthead seabream (13.5%). These figures highlight the varying dynamics of species-specific production and their corresponding market impacts.

Sectorial Outlook

The 2024 data indicate a contraction in EU aquaculture, with declines in both output and value. Cyprus and other smaller producers continue to contribute to the overall supply as the sector adjusts to changing market conditions.