In 2023, Spain led European frozen finfish production in capture fisheries for human consumption, contributing 39.97% of the share by value. Norway followed with a share of 34.59%. The Netherlands and Iceland contributed significantly, while Portugal and Germany had modest shares. France and the UK saw notable increases, with France experiencing a remarkable surge of 272.9% compared to 2022. Portugal also grew significantly by 11.74%. In contrast, countries like Germany, Italy, and Sweden showed declines, with Sweden experiencing the most significant drop.
Future trends suggest that Spain and Norway will continue to dominate the market, with predicted growth opportunities in emerging renewable fishing technologies. Market shifts could also arise from increased environmental regulations and consumers' growing preference for sustainable fishing practices.
Top countries in Frozen Finfish Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 39.97 | 2023 | -3.8% | +3.93% | View data |
| 2 | 2 Norway | 34.59 | 2023 | +6.2% | +3.65% | View data |
| 3 | 3 Netherlands | 10.33 | 2023 | +41.17% | -1.68% | View data |
| 4 | 4 Iceland | 10 | 2023 | +1.17% | +0.35% | View data |
| 5 | 5 Portugal | 2.28 | 2023 | -0.29% | +11.74% | View data |
| 6 | 6 Germany | 1.26 | 2023 | -0.69% | -10.27% | View data |
| 7 | 7 France | 0.83 | 2023 | +32.01% | +272.9% | View data |
| 8 | 8 United Kingdom | 0.69 | 2023 | +4.27% | +11.7% | View data |
| 9 | 9 Italy | 0.032 | 2023 | -73.2% | -16.6% | View data |
| 10 | 10 Sweden | 0.019 | 2023 | +13.24% | -42.48% | View data |
