In 2023, Norway and Iceland dominated European Atlantic cod production for human consumption, capturing 51.18% and 41.03% shares respectively. While Norway saw a slight decline of -0.77% from the previous year, Iceland experienced significant growth at 4.89%. Among smaller producers, Denmark, Germany, and Belgium faced notable decreases: -14.88%, -7.1%, and -17.95% respectively. Meanwhile, increases were observed in Spain and the UK, with a growth of 7.07% and 7.89% respectively. The Netherlands showed a notable 16.09% rise, contrary to France, which fell by -19.22%.
Future trends to watch involve increasing market shares in innovative processing and sustainability practices. The growth in smaller countries like the Netherlands suggests potential emerging players, while the focus on sustainable fishing could substantially alter production dynamics, especially for countries facing declines.
Top countries in Total Atlantic Cod Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 51.18 | 2023 | +0.39% | -0.77% | View data |
| 2 | 2 Iceland | 41.03 | 2023 | +3.96% | +4.89% | View data |
| 3 | 3 Denmark | 1.61 | 2023 | -5.71% | -14.88% | View data |
| 4 | 4 Germany | 1.57 | 2023 | -5.49% | -7.1% | View data |
| 5 | 5 Spain | 1.5 | 2023 | -4.44% | +7.07% | View data |
| 6 | 6 United Kingdom | 1.49 | 2023 | +4.34% | +7.89% | View data |
| 7 | 7 Portugal | 0.65 | 2023 | +89.84% | -0.16% | View data |
| 8 | 8 France | 0.54 | 2023 | +2.96% | -19.22% | View data |
| 9 | 9 Netherlands | 0.23 | 2023 | -15.88% | +16.09% | View data |
| 10 | 10 Sweden | 0.074 | 2022 | -11.09% | -32.03% | View data |
