Forecast: Whole Seafood Production in Capture Fisheries in Denmark

In 2023, Denmark’s whole seafood production in capture fisheries stood at 27.97 thousand metric tons, reflecting a 16.63% year-on-year increase from the previous year. This growth contrasts with the negative trend observed from 2016 to 2022, where production consistently decreased. The five-year CAGR, from 2018-2023, indicated an average annual decline of 6.61%. Projections suggest that by 2028, whole seafood production will further slide to 22.93 thousand metric tons, representing a forecasted five-year CAGR of -3.17% and an overall decline of 14.89%.

Future trends to watch for include the impact of environmental regulations, changes in fish stock levels, and advancements in sustainable fishing technologies. Additionally, global market demand and climate change effects could significantly influence production volumes.

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