The European frozen finfish production in capture fisheries exhibited diverse trends across countries in 2023. France led with a value of 4.3 thousand euros per metric ton, marking a 25.06% year-on-year increase. Portugal's market remained stable with a slight rise of 0.14%. Italy saw a significant growth of 13.34%, while Norway faced a slight reduction of 0.59%. The United Kingdom and Spain posted 7.93% and 5.25% increases, respectively. Germany and Iceland showed minor fluctuations with a decrease of 1.79% and an increase of 1.09%. The Netherlands and Sweden noted modest improvements of 0.84% and 5.54%.
Future trends to watch in European frozen finfish production include:
- Adoption of sustainable fishing practices influenced by regulatory and consumer pressures.
- Technological innovations enhancing efficiency and catch quality.
- Potential impacts from climate change on fish stocks and distribution.
- Brexit repercussions on trade dynamics and production in affected regions.
- Increasing competition from aquaculture sector potentially affecting capture fisheries.
Top countries in Frozen Finfish Production in Capture Fisheries by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 4,300 | 2023 | +10.45% | +25.06% | View data |
| 2 | 2 Portugal | 3,390 | 2023 | +3.16% | +0.14% | View data |
| 3 | 3 Italy | 3,040 | 2023 | +29.23% | +13.34% | View data |
| 4 | 4 Norway | 2,500 | 2023 | +1.25% | -0.59% | View data |
| 5 | 5 United Kingdom | 2,310 | 2023 | +3.72% | +7.93% | View data |
| 6 | 6 Germany | 2,210 | 2023 | -5.58% | -1.79% | View data |
| 7 | 7 Spain | 2,160 | 2023 | -15.37% | +5.25% | View data |
| 8 | 8 Iceland | 1,840 | 2023 | -0.23% | +1.09% | View data |
| 9 | 9 Netherlands | 530.96 | 2023 | +46.11% | +0.84% | View data |
| 10 | 10 Sweden | 267.79 | 2023 | -26.6% | +5.54% | View data |