Norway leads European whole fresh Atlantic herring production with a significant value of 429.56 million Euros, displaying a strong year-on-year growth of 13.86% in 2023. The United Kingdom follows, but with modest growth of 2.01%. Other regions like Iceland and Estonia show notable increases of 10.91% and 5.52% respectively. Conversely, Sweden and Germany experienced declines with -18.06% and -33.78%. Over five years, the sector exhibits varied Compound Annual Growth Rates (CAGR), demonstrating a dynamic market for herring production in Europe.
Future trends to watch include potential expansion in the Netherlands, which saw a remarkable 51.48% growth in 2023. Market dynamics such as sustainability practices, regulatory policy changes, and technological innovations in fisheries will likely influence the production landscape. Monitoring these factors will be crucial for understanding long-term shifts in European herring production.
Top countries in Whole Fresh Atlantic Herring Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 429,560,000 | 2023 | +6.9% | +13.86% | View data |
| 2 | 2 United Kingdom | 21,871,000 | 2023 | +1.35% | +2.01% | View data |
| 3 | 3 Iceland | 15,529,000 | 2023 | -2.05% | +10.91% | View data |
| 4 | 4 Finland | 12,023,000 | 2023 | +3.44% | -9.5% | View data |
| 5 | 5 Latvia | 8,545,700 | 2023 | -3.58% | +1.14% | View data |
| 6 | 6 Estonia | 7,573,000 | 2023 | +4.44% | +5.52% | View data |
| 7 | 7 Poland | 7,186,600 | 2023 | +7.51% | -8.39% | View data |
| 8 | 8 Sweden | 5,687,300 | 2023 | -46.1% | -18.06% | View data |
| 9 | 9 Germany | 2,320,300 | 2023 | +113.61% | -33.78% | View data |
| 10 | 10 France | 1,601,300 | 2023 | +19.49% | +4.84% | View data |
