In 2023, Norway leads European finfish production in capture fisheries, valued at €2.2111 billion. Spain follows with €1.5784 billion, trailed by Iceland. Notable negative growth is seen in Italy and Netherlands. Germany experienced the largest decline at -10.57%, while Romania exhibited the highest growth at 13.58%. Over the past five years, the compound annual growth rate (CAGR) shows diverse trends among countries, reflecting varied industry dynamics and geographical advantages.
Future trends to watch include:
- Potential shifts due to climate change impacting fish stock distribution.
- Technological advancements in sustainable fishing practices.
- Policy changes focused on ecological conservation which may affect production levels.
- Increasing demand for traceability and sustainability in fisheries.
Top countries in Total Finfish Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 2,211,100,000 | 2023 | +2.16% | +2.77% | View data |
| 2 | 2 Spain | 1,578,400,000 | 2023 | -2.54% | +0.73% | View data |
| 3 | 3 Iceland | 987,300,000 | 2023 | +0.97% | +0.49% | View data |
| 4 | 4 United Kingdom | 554,550,000 | 2023 | +0.97% | +0.93% | View data |
| 5 | 5 France | 542,640,000 | 2023 | -2.8% | +0.23% | View data |
| 6 | 6 Italy | 409,250,000 | 2023 | +2.69% | -2.94% | View data |
| 7 | 7 Netherlands | 402,830,000 | 2023 | +21.26% | -2.4% | View data |
| 8 | 8 Denmark | 375,990,000 | 2022 | +7.07% | View data | |
| 9 | 9 Portugal | 260,390,000 | 2023 | +6.08% | +4.46% | View data |
| 10 | 10 Greece | 190,320,000 | 2022 | +6.5% | View data |
