In 2023, Norway led European seafood processing with significant production value, followed by Spain and France. Noteworthy year-on-year growth was seen in Hungary, Estonia, and Norway, while declines were recorded in Ireland, Croatia, and Serbia. Over the last five years, steady growth characterized the sector, despite minor setbacks in some regions.
Future trends to monitor include technological advancements in processing, sustainable practices, and market expansion in Eastern Europe. Increased demand for seafood and policy shifts toward sustainability are poised to shape production dynamics, with possible shifts in country prominence and production strategies.
Top countries in Seafood Processing Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 19.84 | 2023 | +3.74% | +5.27% | View data |
| 2 | 2 Spain | 16.46 | 2023 | +2.65% | +2.68% | View data |
| 3 | 3 France | 10.61 | 2023 | +2.54% | +2.44% | View data |
| 4 | 4 Poland | 8.75 | 2023 | +4.21% | +4.97% | View data |
| 5 | 5 United Kingdom | 7.93 | 2023 | +0.32% | +0.5% | View data |
| 6 | 6 Italy | 6.66 | 2023 | +1.98% | +2.93% | View data |
| 7 | 7 Denmark | 6.38 | 2023 | +5.63% | +2.38% | View data |
| 8 | 8 Germany | 5.14 | 2023 | +0.19% | +1.01% | View data |
| 9 | 9 Iceland | 3.42 | 2023 | -1.07% | -1.48% | View data |
| 10 | 10 Portugal | 2.69 | 2023 | +1.84% | +1.71% | View data |
