In 2023, Norway leads European Atlantic Halibut production in capture fisheries, commanding the highest value by a significant margin at 14.704 million Euros. It experienced a 4.14% increase over the previous year. The United Kingdom also showed growth with a 5.58% increase, reaching 0.58069 million Euros. France witnessed an impressive 8.38% rise. In contrast, Denmark and Iceland saw declines of 6.89% and 10.08% respectively. Other notable decreases include Belgium with a 13.52% drop and Germany at -3.97%. These trends demonstrate a mixed performance across different countries regarding Atlantic Halibut production in 2023.
Future trends to watch include technological advancements in capture fisheries, which could increase efficiency and sustainability. Additionally, potential regulatory changes or environmental concerns could impact production levels across Europe. Monitoring market demand and consumption patterns will be critical to anticipate shifts in production dynamics. Expanding markets or diversifying products could present opportunities for growth in upcoming years.
Top countries in Total Atlantic Halibut Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 14,704,000 | 2023 | +13.25% | +4.14% | View data |
| 2 | 2 Denmark | 1,259,000 | 2023 | -3.43% | -6.89% | View data |
| 3 | 3 United Kingdom | 580,690 | 2023 | +4.75% | +5.58% | View data |
| 4 | 4 Spain | 519,110 | 2023 | +52.01% | -0.8% | View data |
| 5 | 5 Portugal | 248,740 | 2023 | -5.05% | -2.76% | View data |
| 6 | 6 Iceland | 169,170 | 2023 | -26.22% | -10.08% | View data |
| 7 | 7 Netherlands | 80,060 | 2023 | +47.77% | +1.59% | View data |
| 8 | 8 Sweden | 31,720 | 2023 | +8.52% | -0.83% | View data |
| 9 | 9 France | 16,160 | 2023 | +31.97% | +8.38% | View data |
| 10 | 10 Germany | 15,020 | 2023 | +3390% | -3.97% | View data |
