In 2023, France dominated the Megrim production in European capture fisheries for human consumption, holding a significant majority of the total production. Iceland and Spain followed, with Spain showing an extraordinary increase of over 229%. Denmark, Portugal, and Norway also witnessed positive growth, while France and the Netherlands experienced declines. Over the past five years, the industry has seen varying average growth rates, with significant fluctuations suggesting an unstable market.
For future trends, attention should be given to:
- Continued Spanish growth in Megrim production, potentially impacting market dynamics.
- Potential market shifts influenced by external factors like climate change and regulatory changes.
- Technological advancements improving fishing efficiency and sustainability practices.
Top countries in Total Megrim Production in Capture Fisheries for Human Consumption Share by Country (Metric Tons)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 76.04 | 2023 | -1.99% | -4.51% | View data |
| 2 | 2 Iceland | 17.82 | 2023 | +6.97% | +4.87% | View data |
| 3 | 3 Spain | 16.61 | 2023 | +39.31% | +229.41% | View data |
| 4 | 4 Denmark | 4.07 | 2023 | +11.85% | +0.81% | View data |
| 5 | 5 Portugal | 1.55 | 2023 | +0.99% | +11.09% | View data |
| 6 | 6 Norway | 1.51 | 2023 | +2.85% | +37.79% | View data |
| 7 | 7 Netherlands | 0.13 | 2023 | -41.07% | -18.77% | View data |
| 8 | 8 Germany | 0.013 | 2023 | -34.91% | View data | |
| 9 | 9 Sweden | 0 | 2022 | View data |
