In 2023, Spain led European frozen finfish production with a value of €828.22 million, showing a 3.93% increase. Norway followed at €717.5 million, up by 3.67%. The Netherlands and Iceland experienced slight contractions at -1.68% and a marginal 0.43% growth, respectively. Germany's production dropped by 6.45%, while Portugal and the UK saw impressive increases of 11.74% and 12.22%. France's production value skyrocketed by 276.79%, although starting from a lower base. Italy grew modestly by 1.25%, whereas Sweden witnessed a significant decline of 17.23%.
Future trends to watch include:
- Continued investments in sustainable fishing practices could influence production values significantly across European countries.
- Technological advancements in processing and preservation might boost efficiency and profitability for leading countries.
- Regulatory changes and environmental challenges may impact year-on-year production variability.
- Consumer demand for sustainable and locally sourced seafood could shift the balance of production and trade between the countries.
Top countries in Frozen Finfish Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 828,220,000 | 2023 | -3.8% | +3.93% | View data |
| 2 | 2 Norway | 717,500,000 | 2023 | +6.2% | +3.67% | View data |
| 3 | 3 Netherlands | 213,970,000 | 2023 | +41.17% | -1.68% | View data |
| 4 | 4 Iceland | 208,070,000 | 2023 | +1.37% | +0.43% | View data |
| 5 | 5 Germany | 50,940,000 | 2023 | +6.36% | -6.45% | View data |
| 6 | 6 Portugal | 47,252,000 | 2023 | -0.29% | +11.74% | View data |
| 7 | 7 United Kingdom | 18,869,000 | 2023 | +4.85% | +12.22% | View data |
| 8 | 8 France | 18,164,000 | 2023 | +39.04% | +276.79% | View data |
| 9 | 9 Italy | 15,034,000 | 2023 | +2.56% | +1.25% | View data |
| 10 | 10 Sweden | 2,463,400 | 2023 | +582.37% | -17.23% | View data |
