Norway leads European whole fresh herrings, sardines, and anchovies production with a remarkable growth of 14.06% in 2023, accounting for a significant share of the market. Spain and Italy, also key players, show slight declines and moderate growth, respectively. Notable increases in production value are seen in Estonia and Iceland, whereas Sweden and Germany experienced substantial declines. Over the past five years, an overall modest growth trend prevails, with some fluctuations among different countries.
Future trends to watch include:
- Norway's continued expansion due to its robust fisheries infrastructure.
- Potential recovery opportunities for declining markets such as Germany and Sweden.
- Technological advancements improving yield and efficiency, especially in underperforming regions.
- Market adaptations to environmental and regulatory challenges impacting production dynamics across Europe.
Top countries in Whole Fresh Herrings, Sardines, Anchovies Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 442,900,000 | 2023 | +8.18% | +14.06% | View data |
| 2 | 2 Spain | 120,360,000 | 2023 | -2.63% | -1.85% | View data |
| 3 | 3 Italy | 99,161,000 | 2023 | +0.9% | +1.08% | View data |
| 4 | 4 Portugal | 41,942,000 | 2023 | +3.72% | +5.1% | View data |
| 5 | 5 Greece | 37,996,000 | 2023 | +2.12% | -0.57% | View data |
| 6 | 6 United Kingdom | 26,892,000 | 2023 | +1.58% | +1.38% | View data |
| 7 | 7 Croatia | 26,062,000 | 2023 | -25.1% | -3.47% | View data |
| 8 | 8 France | 22,843,000 | 2023 | -5.84% | -6.1% | View data |
| 9 | 9 Poland | 20,581,000 | 2023 | +5.82% | -0.33% | View data |
| 10 | 10 Latvia | 19,694,000 | 2023 | -1.12% | +1.61% | View data |
