In 2023, Norway dominated European Atlantic halibut production in capture fisheries with an overwhelming 84.94 metric tons, displaying a growth of 4.42% from the previous year. Meanwhile, Portugal showed a significant year-on-year increase of 19.41%, contributing 4.23 metric tons. Spain and Denmark reported declines of 1.15% and 14.49%, respectively, while Iceland experienced a slight downturn of 2.26%. The United Kingdom observed a rise of 5.35%. Other countries like the Netherlands, Belgium, France, and Germany reflected varying negative trends, with France experiencing a sharp decline of 31.65%.
Future trends to watch include:
- Norway's continued dominance, backed by sustainable practices and stable market demand.
- Potential growth opportunities in Portugal due to its significant annual percentage increase.
- The impact of climate change and regulatory measures on fisheries’ output and international trade.
- Exploration of innovative techniques in aquaculture by underperforming nations to increase production.
Top countries in Total Atlantic Halibut Production in Capture Fisheries for Human Consumption Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 84.94 | 2023 | -7.58% | +4.42% | View data |
| 2 | 2 Portugal | 4.23 | 2023 | +14.33% | +19.41% | View data |
| 3 | 3 Spain | 3.42 | 2023 | +69.49% | -1.15% | View data |
| 4 | 4 Denmark | 3.22 | 2023 | -12.93% | -14.49% | View data |
| 5 | 5 Iceland | 2.86 | 2023 | -12.53% | -2.26% | View data |
| 6 | 6 United Kingdom | 2.08 | 2023 | +4.97% | +5.35% | View data |
| 7 | 7 Netherlands | 0.31 | 2023 | +28.45% | +4.87% | View data |
| 8 | 8 Germany | 0.16 | 2023 | +2450% | -10.77% | View data |
| 9 | 9 Sweden | 0.038 | 2023 | -53% | -17.5% | View data |
| 10 | 10 Belgium | 0.034 | 2023 | -9.09% | -12.05% | View data |
