In 2023, Sweden led in value per metric ton among European countries producing frozen, gutted, and headed flounders, halibuts, and soles, at 5.72 thousand Euros. Spain and Norway followed closely. Notably, Sweden saw a remarkable 10.89% increase from the previous year, indicating robust growth. In contrast, Portugal experienced a significant decline of 9.25%. The five-year Compound Annual Growth Rate (CAGR) illustrates a moderate overall growth in the sector, with individual country variations.
Future trends to watch include the influence of environmental policies on capture fisheries, technological advancements in sustainable fishing practices, and fluctuations in market demand driven by consumer preferences. Economic and trade relations within and outside the EU may also impact pricing and competitiveness.
- Sweden: Leading in value, with significant growth noted in 2023.
- Spain: Steady presence; minimal year-on-year change.
- Norway: Slight decline observed, highlighting potential market challenges.
- Iceland and Germany: Moderate growth; stability remains key.
- Portugal: Significantly reduced value, indicating potential market contractions or shifts.
- Netherlands: Lowest value, suggesting niche or limited market presence in this segment.
Top countries in Frozen, Gutted and Headed Flounders, Halibuts and Soles Production in Capture Fisheries for Human Consumption by Country
| # | 7 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 5,720 | 2023 | +12.93% | +10.89% | View data |
| 2 | 2 Spain | 5,420 | 2023 | -5.01% | +0.58% | View data |
| 3 | 3 Norway | 5,190 | 2023 | +8.85% | -0.94% | View data |
| 4 | 4 Iceland | 4,500 | 2023 | +4.59% | +1.36% | View data |
| 5 | 5 Portugal | 3,450 | 2023 | +42.78% | -9.25% | View data |
| 6 | 6 Germany | 1,160 | 2023 | -4.58% | +3.05% | View data |
| 7 | 7 Netherlands | 880 | 2022 | View data |