In 2023, France led European Fresh Poor Cod production with an output valued at 94.895 million euros, showcasing a solid increase of 5.46% over the previous year. Italy and Spain, with values of 1.0782 million euros and 0.73496 million euros respectively, experienced a decline, with Italy decreasing by 16.31% and Spain by 7.91%. Other countries like Norway, Denmark, Slovenia, and Malta contributed insignificantly to the market. The Compound Annual Growth Rate (CAGR) over the past five years highlights France as the dominant and consistently growing market.
Future trends to watch for include:
- Potential stabilization or recovery in countries like Italy and Spain, reflecting improved management practices and ecological conditions.
- Continued dominance and expansion of France in the fresh poor cod market, possibly driven by advancements in sustainable practices and technological integration.
- Exploration of new markets and consumer trends which could provide opportunities for smaller producers.
Top countries in Fresh Poor Cod Production in Capture Fisheries by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 94,895,000 | 2023 | +33.01% | +5.46% | View data |
| 2 | 2 Italy | 1,078,200 | 2023 | -8.3% | -16.31% | View data |
| 3 | 3 Spain | 734,960 | 2023 | -15.37% | -7.91% | View data |
| 4 | 4 Norway | 550.8 | 2021 | View data | ||
| 5 | 5 Denmark | 55.14 | 2022 | View data | ||
| 6 | 6 Slovenia | 30.75 | 2022 | -100% | View data | |
| 7 | 7 Malta | 19 | 2022 | View data |
