The European gutted fresh Atlantic cod production shows that Iceland dominates the market with a production value of 315.97 million euros, significantly higher than other countries. Denmark and the United Kingdom follow, but with substantially lower values. Notably, production varies by country, with Iceland experiencing a 4.63% increase in 2023, while Denmark saw a decline of 14.68%. Spain and Estonia recorded the highest positive variations, showing increased production by 34.58% and 76.8%, respectively, indicating potential growth markets.
Future trends to watch include the increasing demand from countries experiencing growth like Spain and Estonia, which could alter current market dynamics. Iceland's steady production suggests sustained leadership, while Denmark's declining trend might indicate challenges that need addressing to maintain competitive production levels. Environmental factors, regulatory changes, and advancements in sustainable fishing practices will further influence the market landscape.
Top countries in Gutted Fresh Atlantic Cod Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 315,970,000 | 2023 | +4.49% | +4.63% | View data |
| 2 | 2 Denmark | 21,935,000 | 2023 | -4.61% | -14.68% | View data |
| 3 | 3 United Kingdom | 14,788,000 | 2023 | +4.71% | +5.6% | View data |
| 4 | 4 Norway | 1,497,800 | 2021 | -95.49% | -47.42% | View data |
| 5 | 5 Ireland | 1,435,900 | 2023 | -7.09% | -4.86% | View data |
| 6 | 6 France | 1,240,800 | 2023 | -14.94% | -10.36% | View data |
| 7 | 7 Sweden | 991,650 | 2022 | -11.44% | -32.16% | View data |
| 8 | 8 Netherlands | 847,740 | 2023 | -60.87% | -10.71% | View data |
| 9 | 9 Belgium | 431,180 | 2023 | +31.26% | -17.9% | View data |
| 10 | 10 Poland | 293,180 | 2022 | -54.02% | -53.96% | View data |