Iceland leads European Frozen Filleted Atlantic Cod production at 84.692 million euros, with a 2023 increase of 10.09%, indicating robust growth. Norway follows, valued at 30.359 million euros, with an 11.28% rise in 2023, highlighting resilience in production. Germany's output declined by 3.51%, reaching 26.382 million euros, showing challenges in maintaining momentum. Spain showed remarkable growth of 48.12%, reaching 19.281 million euros, suggesting rising competitiveness. Portugal remains minor with 1.0513 million euros.
Future trends to monitor:
- Potential shifts in consumer demand for sustainable sourcing.
- Impact of climate change on cod populations.
- Advancements in fishing technologies and processing capabilities.
- Market dynamics due to regulatory changes and trade policies.
Top countries in Frozen, Filleted Atlantic Cod Production in Capture Fisheries by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 84,692,000 | 2023 | +3.51% | +10.09% | View data |
| 2 | 2 Norway | 30,359,000 | 2023 | +4.98% | +11.28% | View data |
| 3 | 3 Germany | 26,382,000 | 2023 | -1.96% | -3.51% | View data |
| 4 | 4 Spain | 19,281,000 | 2023 | +7.13% | +48.12% | View data |
| 5 | 5 Portugal | 1,051,300 | 2022 | View data |
