Analysis of the 2023 data on the production of cods, hakes, and haddocks in European capture fisheries reveals Norway as the dominant producer, controlling 39.41% of the market, followed by Iceland at 30.13%. The Netherlands constitutes 7.25%, while Spain and the UK stand at 6.92% and 6.6% respectively. Smaller contributions are noted from countries like Portugal (0.44%) and Germany (0.41%). Notably, Bulgaria and Estonia demonstrated significant growth rates of 53.81% and 37.87% respectively, while countries like Germany (-14.32%) and Belgium (-8.56%) experienced the most declines.
Future trends to watch include:
- Potential growth in countries like Bulgaria and Estonia if current expansion rates persist.
- The impact of sustainability initiatives and geopolitical factors on fishing quotas and production output.
- Technological advancements in fisheries potentially altering production efficiencies and international competition.
- Climate change influencing fish migration patterns, thus revamping country-specific production figures.
Top countries in Total Cods, Hakes and Haddocks Production in Capture Fisheries Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 39.41 | 2023 | -2.87% | -1.97% | View data |
| 2 | 2 Iceland | 30.13 | 2023 | -2.06% | -4.69% | View data |
| 3 | 3 Netherlands | 7.25 | 2023 | +7.46% | -2.78% | View data |
| 4 | 4 Spain | 6.92 | 2023 | +0.17% | -1.08% | View data |
| 5 | 5 United Kingdom | 6.6 | 2023 | +0.5% | -1.37% | View data |
| 6 | 6 Denmark | 6.32 | 2022 | -20.26% | View data | |
| 7 | 7 France | 1.7 | 2023 | -11.7% | -8.28% | View data |
| 8 | 8 Portugal | 0.44 | 2023 | -2.38% | +1.17% | View data |
| 9 | 9 Germany | 0.41 | 2023 | +37.54% | -14.32% | View data |
| 10 | 10 Italy | 0.39 | 2023 | -2.78% | -6.23% | View data |
