In 2023, Norway dominated European Total Beaked Redfish production with 32.65 thousand metric tons, followed by the Netherlands at 1.03 thousand metric tons. Germany and Portugal produced amounts of roughly 0.89 and 0.53 thousand metric tons respectively. Spain and Denmark had lower productions of 0.17 and 0.01 thousand metric tons. Year-on-year variations in 2023 showed Norway with a growth of 16.71%, while the Netherlands decreased by 4.03%. Germany remained steady, Portugal rose by 8.48%, Spain fell drastically by 34.56%, and Denmark increased significantly by 39.87%.
Future trends to watch include:
- The potential for Norway to consolidate its leadership through strategic investments in sustainable fishing practices.
- Germany and Portugal's efforts to stabilize production and improve technological efficiency.
- Challenges in Spain and the Netherlands, possibly due to regulatory and ecological factors.
- Denmark's emerging production capacity and its potential impact on the market dynamics.
Top countries in Total Beaked Redfish Production in Capture Fisheries by Country
| # | 6 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 32,650 | 2023 | +8.41% | +16.71% | View data |
| 2 | 2 Netherlands | 1,030 | 2023 | -15.72% | -4.03% | View data |
| 3 | 3 Germany | 894.19 | 2023 | -13.42% | View data | |
| 4 | 4 Portugal | 533.84 | 2023 | +1.01% | +8.48% | View data |
| 5 | 5 Spain | 171.82 | 2023 | +460.77% | -34.56% | View data |
| 6 | 6 Denmark | 11.24 | 2023 | +27.73% | +39.87% | View data |
