In 2023, Germany led European frozen, gutted, and headed Atlantic cod production with a value of 5.23 thousand Euros per metric ton, posting a significant year-on-year increase of 10.06%. Spain followed closely with 4.73 thousand Euros, up 7.69%. Conversely, Norway saw a slight decline of 1.4%, valuing their production at 3.24. Portugal and Iceland also experienced declines, of 5.29% and 10.8% respectively, holding lower values at 2.65 and 0.77164 thousand Euros. The Netherlands maintained a stable position at 0.80769.
Future trends to watch include potential shifts in consumer preferences towards sustainable sourcing and increasing competition from aquaculture, which may drive innovations and efficiencies within capture fisheries. Observing regulatory changes and international trade agreements will also be crucial for stakeholders within the market.
Top countries in Frozen, Gutted and Headed Atlantic Cod Production in Capture Fisheries for Human Consumption by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,230 | 2023 | +0.17% | +10.06% | View data |
| 2 | 2 Spain | 4,730 | 2023 | +11.79% | +7.69% | View data |
| 3 | 3 Norway | 3,240 | 2023 | +0.44% | -1.4% | View data |
| 4 | 4 Portugal | 2,650 | 2023 | +1.45% | -5.29% | View data |
| 5 | 5 Netherlands | 807.69 | 2022 | View data | ||
| 6 | 6 Iceland | 771.64 | 2023 | -5.37% | -10.8% | View data |
