The European Fresh Hake Production in capture fisheries showed variation across countries. Spain, leading in value, experienced a -6.42% decrease in 2023. The UK and Croatia saw increases of 2.16% and 2.83% respectively, signaling growth potential. Portugal and the Netherlands displayed notable increases of 5.3% and 25.97% suggesting emerging market strength. Conversely, Denmark and Sweden faced declines of -6.92% and -9.51%. The average CAGR over the past five years skews lower, with Norway's 10.87% rise highlighting niche expansion.
Future trends to watch include sustainable fishing practices influencing production levels, policy changes affecting capture fisheries, and technological advancements enhancing sector efficiency. Monitoring these factors will be crucial for assessing potential growth and market dynamics in European hake production.
Top countries in Fresh European Hake Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 143,510,000 | 2023 | -5.96% | -6.42% | View data |
| 2 | 2 United Kingdom | 49,533,000 | 2023 | +1.98% | +2.16% | View data |
| 3 | 3 Italy | 44,297,000 | 2023 | +0.82% | -3.8% | View data |
| 4 | 4 France | 40,299,000 | 2023 | -2.57% | -1.74% | View data |
| 5 | 5 Greece | 26,195,000 | 2023 | -2.93% | -0.027% | View data |
| 6 | 6 Denmark | 10,880,000 | 2023 | +1.65% | -6.92% | View data |
| 7 | 7 Portugal | 5,262,900 | 2023 | -2.07% | +5.3% | View data |
| 8 | 8 Croatia | 4,558,400 | 2023 | -6.99% | +2.83% | View data |
| 9 | 9 Norway | 3,503,500 | 2023 | +2.16% | +10.87% | View data |
| 10 | 10 Belgium | 134,880 | 2023 | -24.93% | +6.28% | View data |