In 2023, Norway and Iceland led the European production of cods, hakes, and haddocks for human consumption, with economic values of 1.1366 and 0.70638 billion euros, respectively. Spain followed at 0.30759 billion euros, showing a decline trend along with France and Denmark. Notably, Norway and the UK experienced positive growth, whereas the Netherlands marked a significant decrease. Countries like Cyprus and Bulgaria observed remarkable growth percentages, indicative of emerging market potential.
Forecasts for 2024 suggest continued leadership by Nordic countries, driven by their robust fishing industry and favorable regulatory environments. However, market watchers should monitor regulatory changes, environmental sustainability measures, and technological advancements to understand their impact on production dynamics. Key opportunities may arise in technology-driven efficiencies and the exploitation of less traditional species.
Top countries in Total Cods, Hakes and Haddocks Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 1,136,600,000 | 2023 | +2.32% | +1.38% | View data |
| 2 | 2 Iceland | 706,380,000 | 2023 | +2.34% | +3.63% | View data |
| 3 | 3 Spain | 307,590,000 | 2023 | -4.1% | -2.42% | View data |
| 4 | 4 France | 98,886,000 | 2023 | -5.2% | -3.3% | View data |
| 5 | 5 Denmark | 68,979,000 | 2023 | -7.17% | -6.66% | View data |
| 6 | 6 United Kingdom | 53,542,000 | 2023 | +0.42% | +1.59% | View data |
| 7 | 7 Italy | 50,091,000 | 2023 | +3.64% | -4.17% | View data |
| 8 | 8 Greece | 28,388,000 | 2023 | -0.13% | +0.16% | View data |
| 9 | 9 Germany | 26,852,000 | 2023 | +15.81% | -4.32% | View data |
| 10 | 10 Portugal | 22,405,000 | 2023 | +16.19% | +3.42% | View data |
