In 2023, Norway dominated the European Total Velvet Belly Production in capture fisheries, contributing significantly with a production volume of 172.65 Metric Tons. Spain, Denmark, France, and Italy had considerably lower production volumes, at 3.51, 1.1, 0.8, and 0.4 Metric Tons, respectively. Norway's production saw a year-on-year increase of 13.02% from the previous year, while France experienced a remarkable 58.74% increase.
Future trends to watch include:
- Technological advancements in capture techniques potentially boosting production efficiency.
- Regulatory changes in the EU affecting fishery quotas and sustainability practices.
- Potential shifts in consumer demand influencing market dynamics across different European countries.
Top countries in Total Velvet Belly Production in Capture Fisheries by Country
| # | 5 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 172.65 | 2023 | +27.19% | +13.02% | View data |
| 2 | 2 Spain | 3.51 | 2022 | +31.95% | +1.24% | View data |
| 3 | 3 Denmark | 1.1 | 2021 | -21.43% | View data | |
| 4 | 4 France | 0.8 | 2023 | +14.29% | +58.74% | View data |
| 5 | 5 Italy | 0.4 | 2022 | View data |
