In 2023, Norway dominated European production of frozen, gutted, and headed cods, hakes, and haddocks, with a value of 592.5 million euros, showing a 3.15% year-on-year increase. Spain followed at 105.15 million euros, reflecting an 8.49% growth. Germany and Iceland had minor contributions, valued at 1.8705 and 1.7062 million euros respectively, with Germany experiencing a slight decline of 0.32%, and Iceland increasing by 4.2%. Portugal, at 0.40747 million euros, witnessed a significant 12.98% decrease. France and the Netherlands contributed minimally.
Future trends to watch include:
- Further growth in Norway and Spain, driven by technological advancements and sustainable practices.
- Plausible market instability in regions like Portugal due to environmental and regulatory challenges.
- Potential emerging contributions from lower-performing countries with strategic investments and policy shifts.
Top countries in Frozen, Gutted and Headed Cods, Hakes and Haddocks Production in Capture Fisheries by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 592,500,000 | 2023 | +6.06% | +3.15% | View data |
| 2 | 2 Spain | 105,150,000 | 2023 | -3.72% | +8.49% | View data |
| 3 | 3 Germany | 1,870,500 | 2023 | +45.78% | -0.32% | View data |
| 4 | 4 Iceland | 1,706,200 | 2023 | +9.56% | +4.2% | View data |
| 5 | 5 Portugal | 407,470 | 2023 | -22.13% | -12.98% | View data |
| 6 | 6 France | 55,700 | 2022 | View data | ||
| 7 | 7 Netherlands | 1,130 | 2022 | -62.35% | View data |
