In 2023, Germany led in the value of European frozen, gutted, and headed cods, hakes, and haddocks production at 5.32 thousand euros per metric ton, representing a 12.36% year-on-year increase. France followed with 3.74. Portugal and Spain experienced declines of 3.52% and 3.15% respectively. Notably, Iceland saw the largest decrease at 11.3%, whereas Norway maintained stability with a slight 0.29% increase.
Looking forward, key trends to watch involve increasing consumer demand for sustainable seafood, advancements in freezing technology, and potential impacts from geopolitical and environmental factors. Countries with adaptable fisheries and focus on value-added processing may gain competitive advantage.
Top countries in Frozen, Gutted and Headed Cods, Hakes and Haddocks Production in Capture Fisheries by Country
| # | 7 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,320 | 2023 | +10.42% | +12.36% | View data |
| 2 | 2 France | 3,740 | 2022 | View data | ||
| 3 | 3 Portugal | 2,970 | 2023 | +1.71% | -3.52% | View data |
| 4 | 4 Norway | 2,520 | 2023 | +1.74% | +0.29% | View data |
| 5 | 5 Spain | 1,490 | 2023 | -22.81% | -3.15% | View data |
| 6 | 6 Netherlands | 807.69 | 2022 | -8.22% | View data | |
| 7 | 7 Iceland | 600.21 | 2023 | -4.89% | -11.3% | View data |