In 2023, Portugal led the European market in frozen Atlantic redfish production with a value of 3.58 thousand euros per metric ton. France and Germany followed closely, recording values of 2.1 and 2.07, respectively. Spain showed a notable year-on-year growth of 2.59%, while Portugal experienced a slight decline of 0.84%. Iceland posted a marginal increase of 0.093%. Over the past five years, notable shifts have occurred in the industry landscape.
Future trends to watch include:
- Potential market fluctuations due to environmental or geopolitical factors.
- Technological advancements in fishing and processing.
- Shifting consumer demand towards sustainable and traceable seafood options.
- Evolving competition among leading production countries.
Top countries in Frozen Atlantic Redfishes Production in Capture Fisheries for Human Consumption by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 3,580 | 2023 | +3.35% | -0.84% | View data |
| 2 | 2 France | 2,100 | 2022 | View data | ||
| 3 | 3 Germany | 2,070 | 2021 | -15.64% | -1.97% | View data |
| 4 | 4 Spain | 1,680 | 2023 | -13.96% | +2.59% | View data |
| 5 | 5 Iceland | 1,500 | 2023 | +1.89% | +0.093% | View data |
| 6 | 6 Netherlands | 900 | 2022 | View data |