In 2023, Norway led European sprat production in capture fisheries for industrial processing at 356.97 euros per metric ton. Denmark and Germany followed with 294.37 and 257.63 euros, respectively. Poland recorded a significant 13.09% increase, while Germany saw a substantial rise of 91.51% from the previous year's value. Estonia and Finland's production remained stable with minimal changes, indicating a slight recovery trend. Sweden experienced a modest 6.01% growth, showing resilience in the market.
Future trends to watch include:
- Impact of sustainable fishing practices on production levels and costs.
- Potential market shifts due to climate change affecting fishery locations.
- Technological advancements in fishing techniques and processing efficiency.
Top countries in Total European Sprat Production in Capture Fisheries for Industrial Processing by Country
| # | 7 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 356.97 | 2023 | +2.68% | +4.33% | View data |
| 2 | 2 Denmark | 294.37 | 2022 | +7.19% | View data | |
| 3 | 3 Germany | 257.63 | 2023 | +4.79% | +91.51% | View data |
| 4 | 4 Poland | 256.15 | 2023 | +2.92% | +13.09% | View data |
| 5 | 5 Estonia | 231.3 | 2023 | +3.17% | View data | |
| 6 | 6 Sweden | 220.88 | 2023 | +2.31% | +6.01% | View data |
| 7 | 7 Finland | 215.31 | 2023 | -6.39% | +3.4% | View data |
