In 2023, Norway dominated European Total Atlantic Halibut production in capture fisheries with the highest value at over 14.7 million euros, showing resilience with a 4.11% year-on-year growth. The United Kingdom, also with a positive 3.08% growth, ranks second, though its output is significantly smaller compared to Norway. Conversely, Denmark's production saw a substantial decline by -6.89%, and Iceland experienced the largest drop at -10.08%. Across other countries, mixed trends are noted, with minor fluctuations in the Netherlands at 1.59% growth, while Portugal, Sweden, Germany, and especially Belgium observed declining performances.
Looking forward, several trends could shape future production: advancing aquaculture technologies, sustainability pressures influencing capture quotas, climatic changes impacting fish habitats, and evolving consumer demand for sustainably sourced products. These factors should be closely monitored for their potential impacts on production volumes and market values in the coming years.
Top countries in Total Atlantic Halibut Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 14,705,000 | 2023 | +13.26% | +4.11% | View data |
| 2 | 2 United Kingdom | 2,329,000 | 2023 | +2.56% | +3.08% | View data |
| 3 | 3 Denmark | 1,259,000 | 2023 | -3.43% | -6.89% | View data |
| 4 | 4 Spain | 519,110 | 2023 | +52.01% | -0.8% | View data |
| 5 | 5 Portugal | 248,740 | 2023 | -5.05% | -2.76% | View data |
| 6 | 6 Iceland | 169,170 | 2023 | -26.22% | -10.08% | View data |
| 7 | 7 Netherlands | 80,060 | 2023 | +47.77% | +1.59% | View data |
| 8 | 8 Sweden | 31,720 | 2023 | +7.69% | -0.83% | View data |
| 9 | 9 Germany | 20,860 | 2023 | +479.65% | -4.45% | View data |
| 10 | 10 France | 12,250 | 2022 | +1010% | +24.49% | View data |
