In 2023, Italy led European seafood production for industrial processing in capture fisheries, with forecasts for 2024 predicting steady growth. France displayed marginal gains, while Spain's seafood production declined. Spotlighting robust performances are Germany with significant year-on-year growth and positive trends from Estonia, Sweden, and Finland. Norway and Poland experienced moderate increases, whereas Iceland saw minimal gains. The Compound Annual Growth Rate (CAGR) assessment over five years highlights Italy's dominant upward movement. Germany's remarkable surge in 2023 signals disruptive potential in the market.
Looking ahead, European seafood production is influenced by sustainability practices, technological advancements, and regulatory changes. These factors will shape competitiveness and market share dynamics across European nations.
Top countries in Total Seafood Production in Capture Fisheries for Industrial Processing by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,240 | 2023 | +7.67% | +15.36% | View data |
| 2 | 2 France | 1,060 | 2023 | +2.23% | +0.22% | View data |
| 3 | 3 Spain | 534.44 | 2023 | -5.34% | -6.71% | View data |
| 4 | 4 Norway | 328.77 | 2023 | +3.21% | +5.44% | View data |
| 5 | 5 Denmark | 284.38 | 2022 | +0.94% | View data | |
| 6 | 6 Poland | 248.89 | 2023 | +48.85% | +3.73% | View data |
| 7 | 7 Estonia | 237.12 | 2023 | +7.07% | +9.39% | View data |
| 8 | 8 Sweden | 235.28 | 2023 | +6.96% | +6.54% | View data |
| 9 | 9 Iceland | 206 | 2023 | +0.86% | +1.83% | View data |
| 10 | 10 Finland | 201.76 | 2023 | -1.22% | +2.27% | View data |
