In 2023, Norway led in European Whole Fresh Northern Prawn production in capture fisheries with a value of 13.897 million Euros, followed by Iceland at 5.2769 million Euros and Denmark at 4.4079 million Euros. Italy trailed with 2.1077 million Euros, while Sweden produced 1.185 million Euros. Minimal contributions came from Ireland, the United Kingdom, France, and Spain, each under 0.01 million Euros. Year-on-year, Norway experienced a 5.91% growth, Denmark 9.58%, Italy 11.88%, Sweden 3.55%, and the United Kingdom 9.01%, while Iceland saw a significant 14.31% decline.
Over the last five years, Norway, Denmark, Italy, and the United Kingdom demonstrated steady growth in production, while Iceland faced a decreasing trend. Noteworthy trends include a consistent growth for Denmark and Italy and stabilization for Sweden. The United Kingdom, despite low absolute values, shows potential with significant annual growth.
Future trends to watch include advancements in sustainable fishing practices, potential policy changes affecting capture fisheries, and market demand shifts for Northern Prawn. Innovations in aquaculture technology might also impact production volumes and economic performance across the countries.
Top countries in Whole Fresh Northern Prawn Production in Capture Fisheries by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 13,897,000 | 2023 | +36.19% | +5.91% | View data |
| 2 | 2 Iceland | 5,276,900 | 2023 | -11.89% | -14.31% | View data |
| 3 | 3 Denmark | 4,407,900 | 2023 | +15.31% | +9.58% | View data |
| 4 | 4 Italy | 2,107,700 | 2023 | +30.48% | +11.88% | View data |
| 5 | 5 Sweden | 1,185,000 | 2023 | -6.01% | +3.55% | View data |
| 6 | 6 Ireland | 5,840 | 2022 | -57.42% | -28.98% | View data |
| 7 | 7 United Kingdom | 4,540 | 2023 | -1.06% | +9.01% | View data |
| 8 | 8 France | 3,200 | 2022 | View data | ||
| 9 | 9 Spain | 151.69 | 2022 | -97.9% | -75.41% | View data |
