The European Whole Fresh Capelin production primarily involves Iceland and Norway, with 2023 figures showing Iceland leading at 65.663 million euros, followed by Norway at 39.061 million euros. France, Spain, and Portugal have minimal contributions. In 2023, Spain saw a drastic year-on-year decline of 100%, while Portugal decreased by 18.67%. Over the last two years, the trend has been volatilities with decreases in smaller contributing countries.
Future trends to watch include:
- Climate change impacts on capelin habitats affecting yields.
- Regulatory changes in fishing quotas and environmental policies.
- Iceland and Norway's continued dominance in production, potentially increasing through invest ment in technology.
- Potential shifts in market demand influenced by sustainability concerns and dietary trends.
Top countries in Whole Fresh Capelin Production in Capture Fisheries for Human Consumption by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 65,663,000 | 2021 | +9% | View data | |
| 2 | 2 Norway | 39,061,000 | 2021 | +20.67% | View data | |
| 3 | 3 France | 15,210 | 2022 | -66.86% | View data | |
| 4 | 4 Spain | 240.28 | 2023 | -17.21% | View data | |
| 5 | 5 Portugal | 20.16 | 2023 | -0.044% | -18.67% | View data |
