In 2023, Germany led European cod production in value terms, followed by France and Sweden. Notably, Sweden and Lithuania saw significant growth, with 25.4% and 28.76% year-on-year increases, respectively. Over five years, compounded annual growth rates indicate a rising trend in Lithuania and Sweden, signaling their growing importance in the cod market. Conversely, Norway showed a slight decline, reflecting potential shifts in production dynamics.
Future trends to watch include emerging technologies in sustainable fishing, fluctuations in consumer demand related to health trends, and regulatory changes affecting capture fisheries. The focus may shift towards more environmentally friendly practices and improved stock management strategies.
Top countries in Total Atlantic Cod Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,610 | 2023 | -5.82% | +10.86% | View data |
| 2 | 2 France | 6,570 | 2023 | +7.27% | +9.13% | View data |
| 3 | 3 Sweden | 5,810 | 2023 | +14.96% | +25.4% | View data |
| 4 | 4 Denmark | 5,300 | 2023 | +3.58% | +9.57% | View data |
| 5 | 5 Spain | 4,800 | 2023 | -25.63% | +7.51% | View data |
| 6 | 6 United Kingdom | 4,660 | 2023 | +2.86% | +7.02% | View data |
| 7 | 7 Lithuania | 3,970 | 2023 | +24.63% | +28.76% | View data |
| 8 | 8 Belgium | 3,810 | 2023 | -3.74% | +7.15% | View data |
| 9 | 9 Portugal | 3,550 | 2023 | +33.6% | +0.075% | View data |
| 10 | 10 Finland | 3,340 | 2023 | -11.98% | +3.2% | View data |
