In 2023, Cyprus led European hake production in terms of value per metric ton, followed by Italy and Greece. The past year saw significant growth in Norway and the Netherlands, while Italy and Greece experienced marginal declines. Notably, Cyprus maintained a strong upward trajectory with growth over 8%. Over the past five years, countries like Norway and the Netherlands have shown substantial average annual growth, indicating their rising prominence in the hake industry.
Future trends to watch include potential continued growth in Norway and the Netherlands, largely driven by advancements in fishing techniques and sustainable practices. Monitoring legislative changes and market demand shifts across Europe will be crucial for predicting long-term industry dynamics.
Top countries in Fresh European Hake Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 10,480 | 2023 | +4.84% | +8.07% | View data |
| 2 | 2 Italy | 7,030 | 2023 | +0.43% | -0.94% | View data |
| 3 | 3 Greece | 6,570 | 2023 | +1.32% | +0.2% | View data |
| 4 | 4 Slovenia | 6,000 | 2023 | +5.84% | +0.064% | View data |
| 5 | 5 Sweden | 4,380 | 2023 | +2.16% | +3.05% | View data |
| 6 | 6 Norway | 4,320 | 2023 | +11.81% | +18.08% | View data |
| 7 | 7 Spain | 4,280 | 2023 | -0.12% | +0.63% | View data |
| 8 | 8 Croatia | 4,030 | 2023 | -3.24% | +0.084% | View data |
| 9 | 9 Denmark | 3,730 | 2023 | +4.55% | +5.57% | View data |
| 10 | 10 France | 3,580 | 2023 | +0.16% | +3.36% | View data |
