The European frozen finfish market in capture fisheries is led by Spain, holding a significant share in 2023 at 39.06%. Norway follows with 33.84% while the Netherlands and Iceland account for 10.09% and 9.81% respectively. Other countries like Germany and Portugal contribute minor shares at 2.4% and 2.23%. Smaller contributions are observed from the United Kingdom, France, Italy, and Sweden.
Trends over the last two years show:
- Significant growth in Portugal (11.74%) and the United Kingdom (12.22%).
- Remarkable growth in France at 276.79%, albeit from a low base.
- Declines in Germany (-6.45%) and Sweden (-17.23%).
- Moderate growth in Spain (3.93%) and Norway (3.67%).
In the future, anticipate strategic shifts in the frozen finfish production landscape influenced by sustainability practices and trade dynamics. Potential expansions in non-EU markets could impact European shares, along with trends in consumer demand for sustainable and traceable seafood products.
Top countries in Frozen Finfish Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 39.06 | 2023 | -3.8% | +3.93% | View data |
| 2 | 2 Norway | 33.84 | 2023 | +6.2% | +3.67% | View data |
| 3 | 3 Netherlands | 10.09 | 2023 | +41.17% | -1.68% | View data |
| 4 | 4 Iceland | 9.81 | 2023 | +1.37% | +0.43% | View data |
| 5 | 5 Germany | 2.4 | 2023 | +6.36% | -6.45% | View data |
| 6 | 6 Portugal | 2.23 | 2023 | -0.29% | +11.74% | View data |
| 7 | 7 United Kingdom | 0.89 | 2023 | +4.85% | +12.22% | View data |
| 8 | 8 France | 0.86 | 2023 | +39.04% | +276.79% | View data |
| 9 | 9 Italy | 0.71 | 2023 | +2.56% | +1.25% | View data |
| 10 | 10 Sweden | 0.12 | 2023 | +582.37% | -17.23% | View data |
