The analysis reveals notable differences in smelt production value across European countries. Denmark leads with €6.42 Thousand Per Metric Ton, followed by Lithuania and France with €4.3 and €4.16 respectively. Noteworthy growth was observed in Poland with a 50.77% YOY increase in 2023, while Sweden, Estonia, and Finland experienced declines. Over five years, the compound annual growth rate highlights Poland's significant upward trajectory, contrasted by minimal changes elsewhere.
- Denmark: Leader in value- Lithuania & France: Competitive values- Poland: Remarkable growth- Sweden, Estonia & Finland: Declining trends
Future trends may include increased focus on sustainable practices and technology integration, potentially impacting smelt production economics and potentially benefiting countries with efficient adaptation. Environmental regulations and market demands for sustainable fisheries will likely be key drivers for future production growth and stability in this sector.
Top countries in Total European Smelt Production in Capture Fisheries by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 6,420 | 2023 | +1.41% | +8.36% | View data |
| 2 | 2 Lithuania | 4,300 | 2023 | +1.43% | +13.81% | View data |
| 3 | 3 France | 4,160 | 2023 | -5.16% | +6.52% | View data |
| 4 | 4 Netherlands | 2,650 | 2023 | -7.5% | +11.91% | View data |
| 5 | 5 United Kingdom | 2,010 | 2023 | +3.59% | +12.2% | View data |
| 6 | 6 Sweden | 1,720 | 2023 | +3.48% | -2.44% | View data |
| 7 | 7 Poland | 1,190 | 2023 | -7.18% | +50.77% | View data |
| 8 | 8 Germany | 696.67 | 2022 | +82.7% | View data | |
| 9 | 9 Estonia | 666.87 | 2023 | +14.83% | -0.89% | View data |
| 10 | 10 Finland | 341.14 | 2023 | -1.78% | -4.88% | View data |
