Iceland leads the industry with a production value of €596.71M, followed by Norway at €422.01M and the United Kingdom at €252.79M. Year-on-year variations show notable declines in Norway (-6.09%) and Spain (-4.3%), while Bulgaria exhibited a significant surge (59.63%). The five-year CAGR offers additional insights into long-term growth or contraction trends.
Monitoring the adoption of sustainable fishing practices and the impact of climate change will be crucial. Regulatory changes and advancements in fishing technology may significantly alter production dynamics. Innovation in aquaculture as an alternative to capture fisheries could also reshape market shares among European countries.
Top countries in Fresh Cods, Hakes and Haddocks Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 596,710,000 | 2023 | +1.46% | +1.93% | View data |
| 2 | 2 Norway | 422,010,000 | 2023 | -1.05% | -6.09% | View data |
| 3 | 3 United Kingdom | 252,790,000 | 2023 | +1.92% | +1.88% | View data |
| 4 | 4 Spain | 191,530,000 | 2023 | +3.86% | -4.3% | View data |
| 5 | 5 Denmark | 101,650,000 | 2022 | +15.47% | View data | |
| 6 | 6 France | 89,404,000 | 2023 | -3.44% | -5.24% | View data |
| 7 | 7 Italy | 50,059,000 | 2023 | +3.58% | -4.18% | View data |
| 8 | 8 Greece | 28,292,000 | 2023 | -0.47% | +0.088% | View data |
| 9 | 9 Portugal | 9,241,900 | 2023 | -19.21% | -0.82% | View data |
| 10 | 10 Netherlands | 5,648,100 | 2022 | +16.21% | +7.5% | View data |
