In 2023, Poland led European Fresh Sprat production for human consumption with a 34.74% market share, followed closely by Latvia and Estonia at 29.61% and 14.55%, respectively. Denmark witnessed the most significant year-on-year increase at nearly 198%, reflecting robust growth strategies or external market factors. Meanwhile, Lithuania and Malta also saw substantial upticks, albeit from smaller bases. Conversely, Bulgaria, Sweden, the United Kingdom, Greece, Croatia, and Slovenia experienced declines, notably impacting their market positions. Over the past five years, the sector showed moderate growth, but individual country performances varied widely.
Future trends to watch:
- Monitor Denmark's capacity to sustain its rapid growth.
- Evaluate the impact of market fluctuations on smaller producers like Lithuania and Malta.
- Observe potential industry consolidation or cooperative strategies, especially among countries experiencing production declines.
- Watch for regulatory changes in the EU that could impact capture fisheries practices and market dynamics.
Top countries in Fresh European Sprat Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 34.74 | 2023 | +3.12% | +6.13% | View data |
| 2 | 2 Latvia | 29.61 | 2023 | -1.87% | +1.43% | View data |
| 3 | 3 Estonia | 14.55 | 2023 | +2.13% | +1.73% | View data |
| 4 | 4 Denmark | 7.5 | 2023 | +60.99% | +197.88% | View data |
| 5 | 5 Norway | 3.79 | 2023 | +8.97% | +6.65% | View data |
| 6 | 6 Bulgaria | 2.67 | 2023 | +39.19% | -12.51% | View data |
| 7 | 7 Ireland | 1.91 | 2022 | -22.83% | -2.49% | View data |
| 8 | 8 Germany | 1.5 | 2023 | +14.81% | +11.22% | View data |
| 9 | 9 Sweden | 1.45 | 2023 | -38.34% | -5.08% | View data |
| 10 | 10 United Kingdom | 1.03 | 2023 | -7.78% | -6.01% | View data |
