In 2023, Norway led European frozen cods, hakes, and haddocks production in capture fisheries, contributing 66.6% of the share by value. Other significant contributors included Spain with 13.7% and Iceland with 10.38%. Year-over-year growth was notable in the United Kingdom at 17.31% and Italy at 134.8%, while Germany, Portugal, and Sweden saw declines. Over the past five years, Norway has shown a consistent growth trend, underscoring its dominant position in the market.
Future trends to watch include:
- Continued Norwegian market dominance with strategic investments.
- Spain and Iceland's efforts to increase their market shares amidst fluctuating exports.
- Potential growth in the UK's market share as it capitalizes on recent gains.
- Innovations in sustainable fishing practices affecting overall production volumes.
Top countries in Frozen Cods, Hakes and Haddocks Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 66.6 | 2023 | +5.9% | +4.38% | View data |
| 2 | 2 Spain | 13.7 | 2023 | +0.7% | +4.73% | View data |
| 3 | 3 Iceland | 10.38 | 2023 | +2.59% | -0.11% | View data |
| 4 | 4 Netherlands | 4.06 | 2023 | +16.27% | +2.67% | View data |
| 5 | 5 Germany | 2.86 | 2023 | -2.28% | -6.22% | View data |
| 6 | 6 France | 1.18 | 2022 | +99.99% | View data | |
| 7 | 7 Portugal | 0.76 | 2023 | -0.69% | -3.74% | View data |
| 8 | 8 United Kingdom | 0.57 | 2023 | +3.99% | +17.31% | View data |
| 9 | 9 Italy | 0.031 | 2023 | +52160% | +134.8% | View data |
| 10 | 10 Sweden | 0 | 2023 | +606.35% | -14.96% | View data |
