The European frozen finfish production for human consumption in 2023 showcased Spain leading with a production valued at €828.22 million, followed by Norway at €716.87 million. While Spain and Norway showed steady growth, the Netherlands and Germany experienced declines. Notably, France observed a substantial resurgence with a 272.9% increase, reflecting either recovery or increased capacity. However, countries like Italy and Sweden witnessed significant drops, indicating potential structural issues within their sectors. Portugal and the UK saw double-digit growth, suggesting they are expanding or diversifying their offerings. Over the past five years, variations in country performances underscore a dynamic market landscape.
Looking forward, close attention should be given to sustainable practices, technological advancement in aquaculture, and supply chain adaptation, as they will play pivotal roles in shaping future production capacities and competitiveness. Additionally, environmental regulations and consumer preferences shifting towards sustainability could redefine market leader positions in the coming years.
Top countries in Frozen Finfish Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 828,220,000 | 2023 | -3.8% | +3.93% | View data |
| 2 | 2 Norway | 716,870,000 | 2023 | +6.2% | +3.65% | View data |
| 3 | 3 Netherlands | 213,970,000 | 2023 | +41.17% | -1.68% | View data |
| 4 | 4 Iceland | 207,220,000 | 2023 | +1.17% | +0.35% | View data |
| 5 | 5 Portugal | 47,252,000 | 2023 | -0.29% | +11.74% | View data |
| 6 | 6 Germany | 26,113,000 | 2023 | -0.69% | -10.27% | View data |
| 7 | 7 France | 17,245,000 | 2023 | +32.01% | +272.9% | View data |
| 8 | 8 United Kingdom | 14,306,000 | 2023 | +4.27% | +11.7% | View data |
| 9 | 9 Italy | 670,190 | 2023 | -73.2% | -16.6% | View data |
| 10 | 10 Sweden | 399,210 | 2023 | +13.24% | -42.48% | View data |