In 2023, Spain led European frozen, filleted cods, hakes, and haddocks production in capture fisheries with a value of €6,500 per metric ton, marking a 17.73% increase from the previous year, indicating robust demand. Norway followed closely with €6,280 per metric ton, growing by 5.23%, signifying stability in its fishery sector. France and Germany maintained competitive positions, though Germany faced a slight decline of 1.18%. Portugal and Iceland showed modest price increases, reflecting steady market conditions. Over the last five years, the compound annual growth rate (CAGR) indicates moderate growth, driven predominantly by advancements in fishing technologies and market demands.
Looking ahead, Europe’s frozen fish market will likely be shaped by sustainability initiatives, evolving regulations, and potential impacts of climate change on fish stocks. Watching advances in sustainable fishing practices and policy changes will be crucial for anticipating future trends.
Top countries in Frozen, Filleted Cods, Hakes and Haddocks Production in Capture Fisheries by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 6,500 | 2023 | +0.55% | +17.73% | View data |
| 2 | 2 Norway | 6,280 | 2023 | +9.94% | +5.23% | View data |
| 3 | 3 France | 5,450 | 2022 | View data | ||
| 4 | 4 Germany | 5,250 | 2023 | -32.17% | -1.18% | View data |
| 5 | 5 Portugal | 2,760 | 2023 | +1.55% | +1.98% | View data |
| 6 | 6 Iceland | 1,860 | 2023 | -4.8% | +0.99% | View data |
