The latest data for 2023 reveals Norway as the leading country in European seafood processing production with a value of €8.24 billion, indicating a 5.27% YoY growth. Spain and France follow, showing solid growth trajectories with values of €6.84 billion and €4.41 billion respectively. Poland and the United Kingdom also stand out with significant production values and varied year-on-year growth rates. Countries like Italy, Denmark, and Germany have moderate production values but show steady growth. Notable declines are seen in Iceland and Ireland, while Hungary exhibits a remarkable surge. Estonia and Belgium experience substantial growth rates, reflecting dynamic changes in smaller markets.
Future trends to watch for in European seafood processing production will likely focus on sustainable practices, technological advancements in processing, and shifting dietary preferences influencing demand. Additionally, geopolitical factors and trade policies could significantly impact production values and growth rates across different countries.
Top countries in Seafood Processing Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 8,240 | 2023 | +3.74% | +5.27% | View data |
| 2 | 2 Spain | 6,840 | 2023 | +2.65% | +2.68% | View data |
| 3 | 3 France | 4,410 | 2023 | +2.54% | +2.44% | View data |
| 4 | 4 Poland | 3,630 | 2023 | +4.21% | +4.97% | View data |
| 5 | 5 United Kingdom | 3,300 | 2023 | +0.32% | +0.5% | View data |
| 6 | 6 Italy | 2,770 | 2023 | +1.98% | +2.93% | View data |
| 7 | 7 Denmark | 2,650 | 2023 | +5.63% | +2.38% | View data |
| 8 | 8 Germany | 2,140 | 2023 | +0.19% | +1.01% | View data |
| 9 | 9 Iceland | 1,420 | 2023 | -1.07% | -1.48% | View data |
| 10 | 10 Portugal | 1,120 | 2023 | +1.84% | +1.71% | View data |
