In 2023, Sweden led European Total Atlantic Redfishes production at 5.15 thousand Euros per metric ton. France and Portugal followed, with France exhibiting a notable year-on-year increase of 4.65%, compared to a decline in Portugal's production value. The United Kingdom showed the highest year-on-year growth at 19.27%, while Germany, Spain, and Iceland recorded modest gains. Analyzing the five-year compound annual growth rate (CAGR), Sweden and Portugal faced declines, whereas France and the UK experienced upward momentum.
Future trends to watch include:
- Potential resurgence in Sweden's production efficiency and market strategies.
- France's ability to maintain and leverage its positive growth trajectory.
- The impact of technological advancements and sustainable practices on production efficiency.
- External market factors, such as trade policies and climatic changes, influencing capture fisheries.
Top countries in Total Atlantic Redfishes Production in Capture Fisheries for Human Consumption by Country
| # | 8 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 5,150 | 2023 | +5.83% | -0.32% | View data |
| 2 | 2 France | 4,030 | 2023 | +17.21% | +4.65% | View data |
| 3 | 3 Portugal | 3,570 | 2023 | +2.84% | -0.94% | View data |
| 4 | 4 United Kingdom | 2,520 | 2023 | +1.8% | +19.27% | View data |
| 5 | 5 Germany | 1,840 | 2023 | -0.49% | +1.62% | View data |
| 6 | 6 Spain | 1,720 | 2023 | -12.42% | +3.04% | View data |
| 7 | 7 Iceland | 1,500 | 2023 | +2.07% | +1.7% | View data |
| 8 | 8 Netherlands | 900 | 2022 | View data |
