In 2023, Norway dominated European frozen, gutted, and headed finfish production, generating €618.36 million, followed by Spain (€299.25 million), and Iceland (€75.05 million). Portugal showed the highest year-on-year growth at 12.4%, while Iceland faced a decline of 5.65%. Despite its leading position, Norway displayed moderate growth at 1.97%. Other countries, including Germany and the United Kingdom, experienced minor declines.
Future trends to watch include:
- Sustainable fishing practices and regulatory impacts on production.
- Technological advancements in processing and freezing.
- Market shifts influenced by consumer preferences for sustainable and traceable seafood.
- Potential challenges from climate change affecting fish stocks and yields.
Top countries in Frozen, Gutted and Headed Finfish Production in Capture Fisheries by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 618,360,000 | 2023 | +6.47% | +1.97% | View data |
| 2 | 2 Spain | 299,250,000 | 2023 | +2.15% | +5.09% | View data |
| 3 | 3 Iceland | 75,050,000 | 2023 | +2.86% | -5.65% | View data |
| 4 | 4 Portugal | 4,621,900 | 2023 | +17.41% | +12.4% | View data |
| 5 | 5 Germany | 1,853,700 | 2023 | +35.76% | -0.93% | View data |
| 6 | 6 France | 876,460 | 2022 | View data | ||
| 7 | 7 United Kingdom | 65,160 | 2023 | +6.18% | -2.78% | View data |
| 8 | 8 Netherlands | 5,270 | 2022 | +7.86% | View data | |
| 9 | 9 Sweden | 1,460 | 2023 | +33.26% | +7.3% | View data |