In 2023, Norway led European dried fish production with a value of €617.36 million, followed by Portugal and Spain. Significant year-on-year variations include a rise in Portugal (3.29%) and Estonia (13.85%), while Spain saw a slight decline (-0.3%). Nordic countries like Finland and Denmark experienced reductions of 2.63% and 6.14%, respectively. The overall trend suggests robust growth in Portugal and increased volatility in Baltic countries like Estonia and Lithuania.
Future trends to watch include:
- Expansion in Scandinavian production driven by sustainability initiatives.
- Potential growth in smaller markets like Bulgaria, given the recent uptick (4.17%).
- Market stabilization as traditional markets fluctuate and emerging players adjust to economic and environmental changes.
Top countries in Sold Production of Dried FIsh by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 617,360,000 | 2023 | +3.05% | +0.27% | View data |
| 2 | 2 Portugal | 263,400,000 | 2023 | +1.44% | +3.29% | View data |
| 3 | 3 Spain | 162,720,000 | 2023 | +8.09% | -0.3% | View data |
| 4 | 4 Italy | 66,759,000 | 2021 | +208.03% | +12.1% | View data |
| 5 | 5 France | 8,533,000 | 2021 | +84.9% | View data | |
| 6 | 6 Estonia | 6,577,600 | 2023 | +1.39% | +13.85% | View data |
| 7 | 7 Lithuania | 5,195,800 | 2023 | +0.45% | +0.62% | View data |
| 8 | 8 Finland | 4,760,700 | 2023 | +1.85% | -2.63% | View data |
| 9 | 9 Croatia | 4,527,100 | 2023 | -4.74% | -6.81% | View data |
| 10 | 10 Poland | 4,490,300 | 2023 | -3.34% | -2.63% | View data |
