In 2023, Iceland led European production of frozen, filleted cods, hakes, and haddocks in capture fisheries with a significant 72.53 thousand metric tons, experiencing a subtle growth of 4.18% from the previous year. Germany, producing 5.5 thousand metric tons, experienced a slight decline of 2.41%. Spain, at 3.14 thousand metric tons, saw a robust increase of 17.85%, while Norway declined by 13.14%, totaling 3.09 thousand metric tons. Portugal, albeit at a smaller base of 0.5019 thousand metric tons, exhibited remarkable growth at 180.34%. Over five years, compounds show notable growth in Spain and Portugal and stabilization in Iceland.
Future trends to watch include potential consolidation in Iceland’s dominance, strategies to counteract declines in Norway, and whether the growth observed in Spain and Portugal can be sustained or if it reflects short-term factors. Additionally, environmental policies and global fishery stocks will be crucial in shaping future production volumes across the region.
Top countries in Frozen, Filleted Cods, Hakes and Haddocks Production in Capture Fisheries by Country
| # | 6 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 72,530 | 2023 | +7.37% | +4.18% | View data |
| 2 | 2 Germany | 5,500 | 2023 | +55.05% | -2.41% | View data |
| 3 | 3 Spain | 3,140 | 2023 | +5.43% | +17.85% | View data |
| 4 | 4 Norway | 3,090 | 2023 | +5.16% | -13.14% | View data |
| 5 | 5 France | 1,420 | 2022 | View data | ||
| 6 | 6 Portugal | 501.9 | 2023 | +21.16% | +180.34% | View data |