In 2023, Italy led European frozen hake production in capture fisheries for human consumption, valued highest at 6.42 thousand euros per metric ton, reflecting a 33.24% annual increase. France and Portugal followed, with stable or moderate increases. Notable declines were witnessed in Spain and the United Kingdom, with -1.94% and -20.88% changes respectively. Germany showed significant growth at 12.23%. Over the past five years, Italy, Germany, and Norway observed positive compound annual growth rates, indicating growth potential.
Future trends to watch include Italy maintaining leadership with increased capture efforts and exploring sustainability. France and Portugal remain steady contributors, while strategic investments and regulatory adjustments in Spain and the UK may alter their declining trend.
Top countries in Frozen European Hake Production in Capture Fisheries for Human Consumption by Country
| # | 8 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 6,420 | 2023 | +6.04% | +33.24% | View data |
| 2 | 2 France | 3,920 | 2022 | +26.48% | View data | |
| 3 | 3 Portugal | 3,180 | 2021 | +3.92% | View data | |
| 4 | 4 Norway | 1,850 | 2023 | +6.88% | +2.54% | View data |
| 5 | 5 Spain | 1,430 | 2023 | -14.11% | -1.94% | View data |
| 6 | 6 Germany | 1,240 | 2023 | +1.88% | +12.23% | View data |
| 7 | 7 Netherlands | 491.72 | 2023 | +22.12% | -0.62% | View data |
| 8 | 8 United Kingdom | 248.78 | 2023 | -21.12% | -20.88% | View data |
