The European frozen, filleted Atlantic cod production in capture fisheries saw varied growth across key countries. Iceland notably produced 38.06 thousand metric tons, a 10.59% increase in 2023, showing a strong upward trend with its five-year CAGR reflecting a robust expansion. Conversely, Germany faced a decline by 2.25%, producing 3.81 thousand metric tons. Spain's production surged by 28.73% in 2023, reaching 2.92 thousand metric tons, indicating healthy growth. Norway’s output contracted by 9.73% to 1.84 thousand metric tons, reflecting challenges in maintaining output. Portugal remained low at 0.3953 thousand metric tons despite stable production trends.
Future trends to monitor include:
- The impact of sustainability practices on Iceland’s continued growth.
- Germany’s potential recovery or further decline due to potential regulatory changes.
- The effects of increasing demand or fishing quotas on Spain's rising production.
- Norway's strategic responses to production challenges.
- Potential entry of new islands or countries into this market segment.
Top countries in Frozen, Filleted Atlantic Cod Production in Capture Fisheries for Human Consumption by Country
| # | 5 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 38,060 | 2023 | +4.33% | +10.59% | View data |
| 2 | 2 Germany | 3,810 | 2023 | +75.78% | -2.25% | View data |
| 3 | 3 Spain | 2,920 | 2023 | +15.17% | +28.73% | View data |
| 4 | 4 Norway | 1,840 | 2023 | +18.43% | -9.73% | View data |
| 5 | 5 Portugal | 395.3 | 2022 | View data |
