Spain, leading in European hake production, saw a decline of 6.62% in 2023, affecting its dominant position. France and Italy similarly faced reductions of 4.13% and 3.44%, respectively. Conversely, the United Kingdom and Norway experienced growth, with increases of 2.81% and 6.16%. Notably, Germany posted a significant spike of 51.95%, albeit from a smaller base. Croatia and Portugal maintained moderate improvements, indicating resilience in smaller markets.
Future trends to watch include the potential for increased production efficiency in leading countries and the impact of sustainability measures, which could shift the shares among nations. Advances in technology and fishing regulations may also influence regional outputs, emphasizing a need for adaptation among producers. Monitoring geopolitical conditions, particularly in post-Brexit landscapes, will provide crucial insights into shifts in competitive dynamics.
Top countries in Total European Hake Production in Capture Fisheries for Human Consumption Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 48.71 | 2023 | -3.97% | -6.62% | View data |
| 2 | 2 France | 16.48 | 2023 | +1.29% | -4.13% | View data |
| 3 | 3 Italy | 8.71 | 2023 | -2.35% | -3.44% | View data |
| 4 | 4 United Kingdom | 7.67 | 2023 | +4.55% | +2.81% | View data |
| 5 | 5 Greece | 5.8 | 2023 | -2% | +0.23% | View data |
| 6 | 6 Denmark | 4.32 | 2023 | +1.31% | -11.1% | View data |
| 7 | 7 Norway | 3.47 | 2023 | +4.46% | +6.16% | View data |
| 8 | 8 Portugal | 2.31 | 2023 | +4.15% | +1.26% | View data |
| 9 | 9 Croatia | 1.65 | 2023 | -1.45% | +3.25% | View data |
| 10 | 10 Netherlands | 0.69 | 2023 | +20.4% | -1.75% | View data |
