The 2023 year-on-year analysis reveals Portugal as the largest producer, with a remarkable increase of 304.48%. Norway follows with a modest rise of 2.69%. Sweden witnesses a decline of 9.13%. Germany, Denmark, Spain, and the Netherlands register negligible contribution to total value. The compound annual growth rate over the last five years highlights Portugal's dominance, indicating a shift in capture fisheries dynamics for human consumption.
Future trends to watch include sustainable fishing practices and evolving regulatory frameworks, which may impact production capacities. The role of innovation in fisheries technology and shifts in consumer demand for sustainable seafood will also influence the market landscape in Europe.
Top countries in Total Golden Redfish Production in Capture Fisheries for Human Consumption by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 27,661,000 | 2023 | +13.96% | +304.48% | View data |
| 2 | 2 Norway | 7,374,500 | 2023 | -2.53% | +2.69% | View data |
| 3 | 3 Germany | 13,900 | 2022 | View data | ||
| 4 | 4 Denmark | 765.76 | 2022 | -80.77% | -51.83% | View data |
| 5 | 5 Sweden | 137.81 | 2023 | +7.54% | -9.13% | View data |
| 6 | 6 Spain | 112.28 | 2022 | -93.97% | +12.02% | View data |
| 7 | 7 Netherlands | 12.9 | 2022 | -100% | -100% | View data |