In 2023, Norway led the European Total King Crabs, Squat-lobsters production in capture fisheries with a significant valuation of 52.83 million Euros. Spain, Ireland, France, Denmark, Sweden, Portugal, and the United Kingdom produced far less, underlining Norway's dominance. Year-on-year, Norway's value increased by 5.62%, while Spain's fell by 2.34%. Denmark saw remarkable growth at 107.54%, contrasting with Portugal's drop to zero production. Sweden and the UK experienced growths of 7.97% and 11.31%, respectively.
Looking ahead, Norway is poised to maintain its leadership. The notable surge in Denmark suggests potential for future expansion. Monitoring these shifts can provide insights into market dynamics and opportunities in European capture fisheries.
Top countries in Total King Crabs, Squat-lobsters Production in Capture Fisheries by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 52,830,000 | 2023 | +8.34% | +5.62% | View data |
| 2 | 2 Spain | 78,180 | 2023 | +20.62% | -2.34% | View data |
| 3 | 3 Ireland | 46,900 | 2021 | +228.88% | View data | |
| 4 | 4 France | 13,020 | 2022 | -5.7% | -17.58% | View data |
| 5 | 5 Denmark | 5,110 | 2023 | +50.16% | +107.54% | View data |
| 6 | 6 Sweden | 4,120 | 2023 | -12.49% | +7.97% | View data |
| 7 | 7 Portugal | 3,790 | 2023 | View data | ||
| 8 | 8 United Kingdom | 3,190 | 2023 | -3.45% | +11.31% | View data |
