In 2023, Spain led European frozen seafood production in capture fisheries with a 40.7% share, followed by Norway (30.89%) and Iceland (11.46%). The Netherlands, Germany, and Portugal had smaller shares, at 9.3%, 2.25%, and 2.04%, respectively. France showed significant growth with 184.38% increase, while other countries like Sweden declined by 17.23%. Over the past year, the CAGR reveals Spain, Norway, and Iceland exhibited consistent growth, while Germany and Italy saw declines.
Future trends indicate potential shifts due to changes in consumer demand, sustainable fishing practices, and new technology in processing. Monitoring these factors could be crucial for maintaining competitive advantage within the industry.
Top countries in Frozen Seafood Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 40.7 | 2023 | -5.5% | +3.9% | View data |
| 2 | 2 Norway | 30.89 | 2023 | +6.15% | +3.5% | View data |
| 3 | 3 Iceland | 11.46 | 2023 | +2.2% | +3.47% | View data |
| 4 | 4 Netherlands | 9.3 | 2023 | +41.17% | -1.65% | View data |
| 5 | 5 Germany | 2.25 | 2023 | +5.74% | -6.32% | View data |
| 6 | 6 Portugal | 2.04 | 2023 | -0.94% | +11.4% | View data |
| 7 | 7 Italy | 2.03 | 2023 | +26.9% | -4.07% | View data |
| 8 | 8 United Kingdom | 0.89 | 2023 | +4.88% | +12.79% | View data |
| 9 | 9 France | 0.19 | 2023 | -69.68% | +184.38% | View data |
| 10 | 10 Denmark | 0.14 | 2023 | +3.96% | +36.73% | View data |
