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Greece’s frozen fish market thrives despite shrinking local production in 2024

A surprising shift unfolds in Greece’s seafood trade: imports surge while local output falls. What’s driving this demand—and can it last?

In this image we can see that there are so many fishes of different varieties are kept on the ice....
In this image we can see that there are so many fishes of different varieties are kept on the ice. In between them there are green leaves. There is a price tag on the fishes. In the background there are few people standing in front of them and looking at the fishes. At the top there are lights.

Greece’s frozen fish market thrives despite shrinking local production in 2024

Greece’s frozen fish and seafood market saw mixed trends in 2024. While production shrank overall, imports rose for the fourth year in a row, and consumption hit a new high. The sector’s value also grew, though export levels remained steady compared to 2023.

The market’s total value reached $X in 2024, marking a X% increase from the previous year. Over the past decade, its worth had grown at an average annual rate of X%, despite some sharp fluctuations in certain years. Production, however, dropped abruptly in 2024, though a brief uptick was recorded in 2018.

The Greek frozen fish and seafood sector shows contrasting patterns. Imports and consumption are rising, while production struggles and exports remain unchanged. With stable pricing and steady demand, the market appears poised for continued expansion in the short term.

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