The European total megrim production in capture fisheries continues to show varied trends across countries. In 2023, France remained the largest producer, although experiencing a 4.56% decline. Iceland, the second-largest producer, saw a growth of 5.88%. Spain demonstrated a remarkable increase of 229.41%, likely driven by changes in demand or fishing efforts. Conversely, the Netherlands experienced a decline of 18.77%. Over five years, the compound annual growth rate (CAGR) should offer insights into long-term trends.
Future trends to watch involve:
- Potential regulatory changes affecting fishing quotas.
- The impact of climate change on fish habitats and distribution.
- Technological advancements in fishing techniques improving yields.
- Shifts in consumer preferences or demand impacting production levels.
- Collaborative efforts among European nations to manage megrim stocks sustainably.
Top countries in Total Megrim Production in Capture Fisheries by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,970 | 2023 | -2.69% | -4.56% | View data |
| 2 | 2 Iceland | 461.79 | 2023 | +7.96% | +5.88% | View data |
| 3 | 3 Spain | 430.51 | 2023 | +39.31% | +229.41% | View data |
| 4 | 4 Denmark | 105.56 | 2023 | +11.94% | +0.83% | View data |
| 5 | 5 Norway | 41.39 | 2023 | -3.63% | +35.69% | View data |
| 6 | 6 Portugal | 40.15 | 2023 | +0.88% | +11.12% | View data |
| 7 | 7 Ireland | 22.55 | 2021 | -6.39% | View data | |
| 8 | 8 Netherlands | 3.24 | 2023 | -41.07% | -18.77% | View data |
| 9 | 9 Germany | 1.31 | 2023 | +158.78% | +26.82% | View data |
| 10 | 10 Sweden | 0.001 | 2022 | View data |
