In 2023, Norway led European frozen haddock production in capture fisheries with a value of 121.99 million euros, followed by Iceland with 30.242 million euros. Germany, France, the Netherlands, Spain, and Portugal recorded significantly lower production values. Norway and Spain showed growth rates of 1.05% and 5.62% from the previous year, respectively. The Netherlands experienced remarkable growth, increasing by 47.86%. Conversely, Germany's production contracted by 19.08%.
Future trends to watch include potentially expanding markets in the Netherlands and Iceland due to their noteworthy growth rates. Additionally, industry's demand for sustainable fishing practices might shape production dynamics across Europe. Monitoring these variables will provide insights into future production strategies and market share movements.
Top countries in Frozen Haddock Production in Capture Fisheries by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 121,990,000 | 2023 | +7.94% | +1.05% | View data |
| 2 | 2 Iceland | 30,242,000 | 2023 | +13.57% | +14.55% | View data |
| 3 | 3 Germany | 251,970 | 2023 | +64.74% | -19.08% | View data |
| 4 | 4 France | 199,060 | 2022 | View data | ||
| 5 | 5 Netherlands | 189,060 | 2023 | +5.93% | +47.86% | View data |
| 6 | 6 Spain | 121,280 | 2023 | -20.09% | +5.62% | View data |
| 7 | 7 Portugal | 36,100 | 2023 | -33.91% | +2.53% | View data |
