In 2023, Norway led European sold production of dried, smoked, salted, or in brine edible fish offal, flours, meals, and pellets, with sales valued at €120.25 million, marking a 5.78% growth. Denmark followed with €23.815 million, showing a significant 32.18% increase. Spain and France held €14.392 million and €12.97 million respectively, with mixed trends: a slight decrease for Spain and modest growth for France.
Germany experienced a sharp decline of over 30%, while Portugal and Estonia showed increases and decreases of 8.28% and 3.27%, respectively. Meanwhile, lesser contributors like Italy and Lithuania saw fluctuating trends, with Lithuania declining by 7.6%.
Looking ahead, the demand for sustainable and nutrient-rich fish products, coupled with technological advances in processing, could drive production, with anticipated growth in Northern European countries like Norway and Denmark. However, market fluctuations in product preferences and global economic conditions may impact future outcomes.
Top countries in Sold Production of Dried, Smoked, Salted or In Brine Edible Fish Offal, Flours, Meals and Pellets by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 120,250,000 | 2023 | +13.85% | +5.78% | View data |
| 2 | 2 Denmark | 23,815,000 | 2023 | +12.89% | +32.18% | View data |
| 3 | 3 Spain | 14,392,000 | 2023 | +4.33% | -0.47% | View data |
| 4 | 4 France | 12,970,000 | 2023 | +2.68% | +4.4% | View data |
| 5 | 5 Iceland | 7,743,700 | 2023 | -6.27% | -1% | View data |
| 6 | 6 Finland | 2,801,700 | 2023 | +7.5% | -1.36% | View data |
| 7 | 7 Portugal | 1,226,900 | 2023 | +5.97% | +8.28% | View data |
| 8 | 8 Estonia | 916,650 | 2023 | +2.81% | -3.27% | View data |
| 9 | 9 Germany | 510,150 | 2023 | +40.71% | -30.59% | View data |
| 10 | 10 Italy | 340,000 | 2021 | View data |