Based on the 2023 forecasted data, Norway leads haddock production with a value of €156.25 million, followed by Iceland (€115.01 million) and the United Kingdom (€59.995 million). The Netherlands and Denmark have shown significant year-on-year increases of 23.01% and 12.45% respectively. In contrast, Germany and France saw declines of 18.7% and 2.44% respectively. The compound annual growth rate (CAGR) over the past five years indicates a varied performance across countries.
Future Trends
Future trends to watch in European haddock production include potential shifts in quotas due to sustainability concerns, advances in fishing technologies, and regulatory changes influenced by post-Brexit agreements and climate change impacts. Monitoring these factors will be crucial for understanding the stability and growth potential of this sector.
Top countries in Total Haddock Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 156,250,000 | 2023 | +5.82% | +1.13% | View data |
| 2 | 2 Iceland | 115,010,000 | 2023 | +8.4% | +6.9% | View data |
| 3 | 3 United Kingdom | 59,995,000 | 2023 | +0.49% | +0.35% | View data |
| 4 | 4 France | 8,359,000 | 2023 | +0.13% | -2.44% | View data |
| 5 | 5 Denmark | 8,166,000 | 2023 | -2.11% | +12.45% | View data |
| 6 | 6 Sweden | 667,830 | 2023 | -1.8% | +19.64% | View data |
| 7 | 7 Netherlands | 499,110 | 2023 | +6.54% | +23.01% | View data |
| 8 | 8 Spain | 284,520 | 2023 | -43.84% | +3.97% | View data |
| 9 | 9 Germany | 259,910 | 2023 | +54.87% | -18.7% | View data |
| 10 | 10 Belgium | 240,850 | 2023 | -15.42% | +8.4% | View data |
