The 2023 data reveals that the Netherlands leads in the production of frozen Greenland halibut in European capture fisheries, with Spain and Norway also significantly contributing. Spain, Norway, and Iceland showed positive year-on-year growth rates of 1.58%, 1.56%, and 1.46% respectively in 2023, indicating an upward trend. Meanwhile, Germany and Portugal experienced declines of -4.17% and -3.73% respectively. The cumulative average growth rate over the past five years suggests a stable or slightly increasing market for countries showing positive growth, whereas others may need to address challenges.
Future trends to watch include:
- Continued growth in top producing countries like the Netherlands, Spain, and Norway.
- Possible market recovery efforts in Germany and Portugal to address declining production values.
- Influence of ecological and regulatory changes impacting the European capture fisheries sector.
Top countries in Frozen Greenland Halibut Production in Capture Fisheries by Country
| # | 7 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 9,130 | 2022 | View data | ||
| 2 | 2 Spain | 5,970 | 2023 | -3.99% | +1.58% | View data |
| 3 | 3 Norway | 5,150 | 2023 | +9.25% | +1.56% | View data |
| 4 | 4 Iceland | 4,520 | 2023 | +4.92% | +1.46% | View data |
| 5 | 5 Germany | 4,060 | 2023 | -5.46% | -4.17% | View data |
| 6 | 6 France | 3,880 | 2022 | View data | ||
| 7 | 7 Portugal | 2,930 | 2023 | +3.79% | -3.73% | View data |
