The European Whole Fresh European Sprat Production for Industrial Processing shows varied trends across countries. In 2023, Germany led with the highest production value, experiencing a significant increase of nearly 100%. In contrast, Norway saw a slight decrease of 0.28%. Poland had a notable increase of 13.06%, while Estonia remained stable. Sweden and Finland also showed positive growth at 6.01% and 3.4%, respectively. Meanwhile, the five-year CAGR reflects a moderate growth trajectory for the sector, suggesting a broader positive trend across the region.
Looking forward, trends to watch include Germany's continued dominance and whether Norway's slight decline signals a longer-term pattern. The stability observed in Estonia may indicate mature market conditions, while growth in Poland, Sweden, and Finland suggests potential for increased market share. Overall, sustainable fishing practices and regulatory changes could affect future production dynamics significantly.
Top countries in Whole Fresh European Sprat Production in Capture Fisheries for Industrial Processing by Country
| # | 7 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 319.69 | 2023 | +14.1% | +99.96% | View data |
| 2 | 2 Norway | 283.47 | 2023 | +0.3% | -0.28% | View data |
| 3 | 3 Denmark | 274.62 | 2021 | +0.68% | View data | |
| 4 | 4 Poland | 255.81 | 2023 | +2.92% | +13.06% | View data |
| 5 | 5 Estonia | 231.3 | 2023 | +3.17% | View data | |
| 6 | 6 Sweden | 221.8 | 2023 | +2.37% | +6.01% | View data |
| 7 | 7 Finland | 215.21 | 2023 | -6.39% | +3.4% | View data |