In 2023, Sweden led European countries in frozen, filleted finfish production for human consumption, with the highest value of 17.42 thousand euros per metric ton. It marked a 16.02% year-on-year increase. Spain followed, showing a notable 26.16% rise. The United Kingdom and Norway also grew, while Germany saw a slight decline. Portugal and Iceland experienced modest increases, with values standing at 2.85 and 1.98 thousand euros per metric ton, respectively. The Compound Annual Growth Rate over the past five years suggests mixed trends across different countries, with varying growth patterns highlighting the dynamic nature of this industry in Europe.
Future trends to watch in European frozen, filleted finfish production include potential impacts from sustainability initiatives, advancements in processing technology, and shifts in consumer preferences towards seafood consumption. It’s crucial for producers to adapt to changing regulations and climate conditions impacting fisheries to maintain competitiveness and capitalize on emerging market opportunities.
Top countries in Frozen, Filleted Finfish Production in Capture Fisheries for Human Consumption by Country
| # | 8 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 17,420 | 2023 | +50.25% | +16.02% | View data |
| 2 | 2 Spain | 8,450 | 2023 | +5.31% | +26.16% | View data |
| 3 | 3 United Kingdom | 7,960 | 2023 | +3.3% | +8.78% | View data |
| 4 | 4 Norway | 5,850 | 2023 | +7.52% | +3.7% | View data |
| 5 | 5 Germany | 5,510 | 2023 | -42.92% | -1.64% | View data |
| 6 | 6 France | 5,400 | 2022 | View data | ||
| 7 | 7 Portugal | 2,850 | 2023 | +4.84% | +2.64% | View data |
| 8 | 8 Iceland | 1,980 | 2023 | -0.42% | +2.55% | View data |