In 2023, Iceland led European fresh Atlantic cod production in capture fisheries with 469.83 million euros, followed by Norway at 295.95 million euros. The United Kingdom and Denmark contributed significantly less at 71.304 million and 21.871 million euros, respectively. Notably, the Netherlands saw a 12.82% increase in production value, while France experienced a sharp decline of 35.24%. The market displayed notable variations with Norway and Denmark decreasing by 6.53% and 14.74%, respectively. Looking over the past five years, the collective trend is increasingly volatile with few countries maintaining consistent growth.
Future trends to watch for European fresh Atlantic cod production include potential shifts due to climate change impacting fish stocks, regulatory changes in the EU and individual countries affecting catch limits, and evolving consumer preferences towards sustainable fishing practices. Iceland and Norway could maintain dominance, but emerging sustainable practices may open opportunities for smaller producers to grow. Technological advancements in fishing and aquaculture are also expected to play a crucial role in future production dynamics.
Top countries in Fresh Atlantic Cod Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 469,830,000 | 2023 | +4.1% | +4.2% | View data |
| 2 | 2 Norway | 295,950,000 | 2023 | +0.065% | -6.53% | View data |
| 3 | 3 United Kingdom | 71,304,000 | 2023 | +3.35% | +2.72% | View data |
| 4 | 4 Denmark | 21,871,000 | 2023 | -4.92% | -14.74% | View data |
| 5 | 5 Netherlands | 2,733,900 | 2023 | -17.87% | +12.82% | View data |
| 6 | 6 France | 2,407,700 | 2023 | +60.19% | -35.24% | View data |
| 7 | 7 Sweden | 1,000,600 | 2022 | -11.63% | -32.07% | View data |
| 8 | 8 Belgium | 429,570 | 2023 | +30.75% | -17.96% | View data |
| 9 | 9 Poland | 320,810 | 2022 | -50.07% | -53.18% | View data |
| 10 | 10 Finland | 160,850 | 2023 | +66.65% | +5.89% | View data |
