The 2023 data for European Frozen Herrings, Sardines, and Anchovies shows a mixed picture among key producers. Spain leads with the highest production value, followed by the United Kingdom, Netherlands, Germany, Iceland, and Sweden. Notably, Spain's production value increased by 1.29%, while the United Kingdom saw a rise of 2.5%. Conversely, the Netherlands and Germany's production values fell by 0.42% and 1.24%, respectively. Iceland experienced a notable decline of 3.66%, whereas Sweden's value improved by 1.55%. Over the past five years, the overall compound annual growth rate has varied significantly by country.
Future trends to monitor include Spain's continued market dominance and potential growth opportunities in the British market. Heightened environmental regulations and shifting consumer preferences towards sustainable sourcing may also impact production strategies. Additionally, geopolitical and economic pressures could alter capture volumes and production values across these European nations.
Top countries in Frozen Herrings, Sardines, Anchovies Production in Capture Fisheries by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 2,280 | 2023 | -18.72% | +1.29% | View data |
| 2 | 2 United Kingdom | 511.05 | 2023 | +0.85% | +2.5% | View data |
| 3 | 3 Netherlands | 471.04 | 2023 | +49.68% | -0.42% | View data |
| 4 | 4 Germany | 433.33 | 2023 | -3.7% | -1.24% | View data |
| 5 | 5 Iceland | 374.3 | 2023 | -4.43% | -3.66% | View data |
| 6 | 6 Sweden | 219.59 | 2023 | -30.05% | +1.55% | View data |
