In 2023, Sweden dominated the European flounder production for industrial processing, reaching 751.85 thousand euros, a significant decline to 295.15 thousand euros in 2024. Sweden accounts for the bulk of the market, while Denmark (1.95K euros), Germany (1.55K euros), Poland (0.92495K euros), Estonia (0.72K euros), and Norway (0.49048K euros) maintain modest contributions. Recent year-on-year variances illustrate steep declines across most countries, with Sweden experiencing a notable drop. Over a five-year span, the CAGR highlights an average downward trend region-wide in capture fishery value.
Future trends to watch include:
- Potential regulatory changes in the fishing industry impacting resource availability.
- Environmental impacts, such as climate change, affecting flounder populations.
- Technological advancements in processing affecting efficiency and costs.
- Market demand shifts towards sustainably sourced fisheries.
Top countries in Total European Flounder Production in Capture Fisheries for Industrial Processing by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 295,150 | 2023 | +91.27% | +751.85% | View data |
| 2 | 2 Denmark | 1,950 | 2022 | -93.45% | View data | |
| 3 | 3 Germany | 1,550 | 2021 | +4440% | View data | |
| 4 | 4 Poland | 924.95 | 2021 | View data | ||
| 5 | 5 Estonia | 720 | 2022 | View data | ||
| 6 | 6 Norway | 490.48 | 2021 | View data |
