In 2023, Norway led the production of fresh herrings, sardines, and anchovies in European capture fisheries with a value of 404.73 million Euros, marking a 12.03% year-on-year increase. Denmark (144.53), Spain (130.39), and Italy (99.161) followed. Notable year-on-year variations included significant declines in Germany (-29.02%) and Sweden (-24.43%). Smaller nations like Cyprus and Belgium saw considerable growth rates of 12.98% and 14.75%, respectively. The overall trend showcased mixed performances across countries.
Moving forward, the European fresh herrings, sardines, and anchovies market may experience increased production efficiency driven by technological advances and sustainability efforts. Emerging markets and nations with minor contributions currently like Cyprus and Belgium could propel growth. Conversely, the industry must monitor geopolitical factors and environmental challenges that could impact the fisheries' productivity.
Top countries in Fresh Herrings, Sardines, Anchovies Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 404,730,000 | 2023 | +3.73% | +12.03% | View data |
| 2 | 2 Denmark | 144,530,000 | 2022 | +18.85% | View data | |
| 3 | 3 Spain | 130,390,000 | 2023 | +5.49% | -0.27% | View data |
| 4 | 4 Italy | 99,161,000 | 2023 | +0.9% | +1.08% | View data |
| 5 | 5 Portugal | 41,944,000 | 2023 | +3.72% | +5.1% | View data |
| 6 | 6 Greece | 37,996,000 | 2023 | +2.12% | -0.57% | View data |
| 7 | 7 Croatia | 26,062,000 | 2023 | -25.1% | -3.47% | View data |
| 8 | 8 United Kingdom | 25,746,000 | 2023 | +0.67% | +0.5% | View data |
| 9 | 9 France | 22,701,000 | 2023 | -6.42% | -6.21% | View data |
| 10 | 10 Poland | 20,603,000 | 2023 | +5.92% | -0.31% | View data |
