In 2023, Portugal leads in the European frozen beaked redfish production for human consumption, valued at 7.46 thousand euros per metric ton. Spain experienced a notable increase of 6.25%, reaching 2.41 thousand euros per metric ton. Germany maintained stability at 2.08, while Norway had a minor growth of 1.11%, totaling 1.87. The Netherlands showed a robust year-on-year growth of 13.59%, culminating in 0.9725 thousand euros per metric ton. The Compound Annual Growth Rate (CAGR) over the last five years indicates varied progress, with noticeable growth in Spain and the Netherlands.
Future trends to watch include potential expansions in production capacity in Spain and the Netherlands, possibly driven by increasing market demand and sustainable fishing practices. Additionally, economic and environmental policies within the EU may impact production costs and output levels.
Top countries in Frozen Beaked Redfish Production in Capture Fisheries for Human Consumption by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 7,460 | 2023 | +35.55% | View data | |
| 2 | 2 Spain | 2,410 | 2023 | +7.22% | +6.25% | View data |
| 3 | 3 Germany | 2,080 | 2023 | -7.95% | View data | |
| 4 | 4 Norway | 1,870 | 2023 | +5.75% | +1.11% | View data |
| 5 | 5 Netherlands | 972.5 | 2023 | +6.73% | +13.59% | View data |
