Norway leads in European Greenland halibut production for human consumption, with significant 2023 growth of nearly 10%. Despite being second, Iceland saw a decrease of 6.73%, while Spain showed minor positive change. Portugal experienced notable growth at over 16%, contrasting with Germany's significant decline of nearly 17%. The Netherlands exhibited strong growth, while France faced a severe drop of 22%. The UK saw a positive trend with a modest increase. These variations indicate fluctuating market dynamics over the past year. Moreover, examining the five-year compounded annual growth rate could reveal how these countries have developed their production capabilities and market share.
Future trends to monitor include potential shifts in leading countries due to Norway and Portugal's strong growth trends, Iceland's declining position, and recovery prospects for countries like France and Germany. Additionally, geopolitical factors, climate impacts, and sustainable fishing regulations will play significant roles in shaping the landscape.
Top countries in Total Greenland Halibut Production in Capture Fisheries for Human Consumption by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 63,129,000 | 2023 | +8.15% | +0.098% | View data |
| 2 | 2 Iceland | 41,294,000 | 2023 | -1.78% | -6.73% | View data |
| 3 | 3 Spain | 20,437,000 | 2023 | -10.38% | +0.11% | View data |
| 4 | 4 Portugal | 4,543,500 | 2023 | +0.95% | +16.03% | View data |
| 5 | 5 Germany | 3,559,000 | 2023 | +11.13% | -16.98% | View data |
| 6 | 6 Netherlands | 65,150 | 2023 | -46.01% | +29.86% | View data |
| 7 | 7 France | 39,880 | 2023 | -76.75% | -22.01% | View data |
| 8 | 8 United Kingdom | 34,890 | 2023 | +6.2% | +9.28% | View data |
| 9 | 9 Denmark | 32,440 | 2021 | -44.18% | View data |
