In 2024, Norway leads European fresh finfish production for industrial processing at 187.49 million euros, followed by Denmark and Iceland. Notably, Estonia increased production by 34.98% in 2023, whereas Germany saw a significant rise of 123.78% from previous years. Finland and Iceland showed declines at 10.1% and 6.88% respectively. Over the past two years, Norway and France reported growth, while others like Finland experienced a downturn. The five-year CAGR highlights Norway’s robust expansion and diminishing trends in Iceland and Finland.
Future trends to watch include technological advancements in sustainable fishing, stricter EU regulations impacting production costs, and the shifting demands driven by sustainability-conscious consumers which may influence country-specific production strategies. Monitoring these factors will be essential for understanding the market dynamics of European finfish production.
Top countries in Fresh Finfish Production in Capture Fisheries for Industrial Processing by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 187,490,000 | 2023 | +7.82% | +10.34% | View data |
| 2 | 2 Denmark | 107,530,000 | 2022 | -9.2% | View data | |
| 3 | 3 Iceland | 72,514,000 | 2023 | +1.69% | -6.88% | View data |
| 4 | 4 Finland | 10,309,000 | 2023 | +4.94% | -10.1% | View data |
| 5 | 5 Sweden | 5,848,800 | 2022 | +71.54% | +31.7% | View data |
| 6 | 6 Estonia | 5,613,800 | 2023 | +22.83% | +34.98% | View data |
| 7 | 7 Germany | 454,290 | 2023 | +28980% | +123.78% | View data |
| 8 | 8 France | 366,790 | 2023 | -4.82% | +9.69% | View data |
| 9 | 9 Poland | 231.58 | 2022 | -96.16% | -55.47% | View data |
