In 2023, Spain led the European gutted fresh hake production with a value of 94.667 million euros, despite a 6.16% decline from the previous year. The UK followed, with modest growth of 2.59%, while France and Ireland experienced slight decreases. Denmark saw a notable 6.91% decrease. Norway, however, boosted its production by 14.4%, much like the Netherlands and Germany, with impressive growth rates above 37%. Belgium also recorded a 12.83% increase, despite being a smaller player. Overall, the sector exhibited mixed trends across countries.
Looking ahead, watch for:
- The potential expansion of Norway's hake production due to favorable market conditions.
- A continued resurgence in smaller markets like the Netherlands and Germany.
- Spain’s potential strategic adjustments to address production declines.
Top countries in Gutted Fresh European Hake Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 94,667,000 | 2023 | -8.76% | -6.16% | View data |
| 2 | 2 United Kingdom | 49,525,000 | 2023 | +2.18% | +2.59% | View data |
| 3 | 3 France | 33,791,000 | 2023 | +0.01% | -0.94% | View data |
| 4 | 4 Ireland | 27,664,000 | 2023 | +1.55% | -2.45% | View data |
| 5 | 5 Denmark | 10,882,000 | 2023 | +1.67% | -6.91% | View data |
| 6 | 6 Norway | 3,491,900 | 2023 | +2.17% | +14.4% | View data |
| 7 | 7 Netherlands | 185,080 | 2023 | +45.21% | +37.34% | View data |
| 8 | 8 Belgium | 181,890 | 2023 | +1.23% | +12.83% | View data |
| 9 | 9 Sweden | 99,270 | 2023 | -10.73% | -9.52% | View data |
| 10 | 10 Germany | 30,300 | 2023 | +18.65% | +37.35% | View data |
