In 2023, the European cooked shrimps and prawns production in capture fisheries for human consumption showed varying trends across countries. The Netherlands led the industry with significant output, experiencing a minor decline of 1%. Germany and Norway followed, with Germany showing a notable 5.08% decrease, while Norway's production fell by 6.11%. Denmark and Sweden also reported declines of 8.92% and 2.84%, respectively. Belgium was an exception, posting a growth of 2.83%. Over the past five years, the compound annual growth rates indicate a regional contraction, particularly in northern countries.
Looking ahead, several trends are crucial for the industry's future within Europe:
- Sustainable fishing practices and regulatory implications may reshape capture fisheries.
- Technological advancements in shrimp farming could impact traditional capture fisheries.
- Demand for premium shrimp products might influence production dynamics and investment in value-added processing.
Top countries in Cooked Shrimps and Prawns Production in Capture Fisheries for Human Consumption by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 75,650,000 | 2023 | -8.22% | -1% | View data |
| 2 | 2 Germany | 46,305,000 | 2023 | -0.76% | -5.08% | View data |
| 3 | 3 Norway | 22,322,000 | 2023 | -5.75% | -6.11% | View data |
| 4 | 4 Denmark | 15,376,000 | 2023 | +8.16% | -8.92% | View data |
| 5 | 5 Sweden | 10,927,000 | 2023 | -1.18% | -2.84% | View data |
| 6 | 6 Belgium | 3,353,900 | 2023 | -32.13% | +2.83% | View data |
