In 2023, Norway led European Northern Prawn production with 128.81 million Euros, followed by Iceland at 22.025 million Euros. Sweden and Denmark also contributed significantly with 12.841 and 10.073 million Euros, respectively. Countries like Italy and Germany showed growth rates of 11.88% and 5.21%, contrasting with declines in Iceland and Sweden at 6.35% and 1.15%. Notably, smaller markets like the United Kingdom saw a 9.01% increase, suggesting potential future interest.
Looking forward, growth trends are expected in less mature markets such as Italy and Germany, driven by increasing demand and market expansion initiatives. Monitoring environmental policies and technological advancements will be crucial as these might impact production volumes and country rankings.
Top countries in Total Northern Prawn Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 128,810,000 | 2023 | +9.97% | -0.82% | View data |
| 2 | 2 Iceland | 22,025,000 | 2023 | -0.64% | -6.35% | View data |
| 3 | 3 Sweden | 12,841,000 | 2023 | +4.05% | -1.15% | View data |
| 4 | 4 Denmark | 10,073,000 | 2023 | +8.88% | +4.53% | View data |
| 5 | 5 Italy | 2,107,700 | 2023 | +30.48% | +11.88% | View data |
| 6 | 6 Germany | 970,280 | 2023 | -10.36% | +5.21% | View data |
| 7 | 7 Portugal | 296,990 | 2022 | -100% | View data | |
| 8 | 8 Ireland | 5,840 | 2022 | -57.42% | -28.98% | View data |
| 9 | 9 United Kingdom | 4,540 | 2023 | -1.06% | +9.01% | View data |
| 10 | 10 France | 3,200 | 2022 | View data |
