In 2023, Poland dominated the European fresh sprat market with a 36.02% share, followed by Latvia at 30.71% and Estonia with 11.13%. Denmark saw a significant rise with an increase of 199.74% over two years, moving to fourth place. Other noteworthy increases were recorded in Lithuania with 42.76% and Germany with 13.75%. Malta showed significant growth at 35.94%, whereas Bulgaria, Sweden, and the United Kingdom reported declines. Slovenia saw a complete drop off in sprat production.
Future trends to watch include Poland's continued dominance and Denmark's potential rise as key players in the market, considering their recent growth trajectories. The industry may also witness increased consolidation or diversification efforts based on these emerging patterns. Additionally, environmental policies and sustainable fishing practices could influence production in various countries, impacting the dynamics of sprat production in the European market.
Top countries in Whole 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 | 36.02 | 2023 | +3.13% | +6.12% | View data |
| 2 | 2 Latvia | 30.71 | 2023 | -1.87% | +1.43% | View data |
| 3 | 3 Estonia | 11.13 | 2023 | -24.73% | -4.29% | View data |
| 4 | 4 Denmark | 8.02 | 2023 | +66.09% | +199.74% | View data |
| 5 | 5 Norway | 4.78 | 2023 | +14.06% | +10.91% | View data |
| 6 | 6 Bulgaria | 3.24 | 2023 | +62.89% | -9.71% | View data |
| 7 | 7 Ireland | 1.98 | 2022 | -22.83% | -2.49% | View data |
| 8 | 8 Germany | 1.74 | 2023 | +28.48% | +13.75% | View data |
| 9 | 9 Sweden | 1.47 | 2023 | -37.5% | -5.44% | View data |
| 10 | 10 United Kingdom | 1.18 | 2023 | -5.3% | -4.11% | View data |
