Iceland leads the European gutted fresh tusk cusk production sector for human consumption with a value of €1.7707 million in 2023. Norway follows with a significant gap at €0.39392 million. Moderate productions are observed in Denmark, France, and Ireland. Notably, Spain shows the highest year-on-year growth in 2023, with a 34.01% increase, followed by Norway with 10.82% and France at 8.79%. A downward trend is visible in the UK and Sweden, declining by 7.76% and 44.17% respectively. Over the last five years, the compound annual growth rates indicate modest growth in the sector, predominantly led by key players like Iceland and Norway.
Future trends to watch include potential market expansion in underserved regions such as Spain, which could capitalize on its recent growth surge. The increasing demand for sustainable and local seafood products may amplify production across Europe's coastal nations, further modified by climate change impacts and regulatory shifts aimed at ensuring sustainable fisheries management. Monitoring these factors will be critical for stakeholders aiming to optimize Europe's gutted fresh tusk cusk capture fisheries sector.
Top countries in Gutted Fresh Tusk Cusk Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 1,770,700 | 2023 | +11.09% | +6.35% | View data |
| 2 | 2 Norway | 393,920 | 2023 | +12.75% | +10.82% | View data |
| 3 | 3 Denmark | 114,790 | 2023 | -5.06% | +0.82% | View data |
| 4 | 4 France | 73,550 | 2023 | -71.28% | +8.79% | View data |
| 5 | 5 Ireland | 55,060 | 2021 | +100.57% | View data | |
| 6 | 6 Spain | 8,450 | 2023 | +269.88% | +34.01% | View data |
| 7 | 7 United Kingdom | 2,480 | 2023 | -2.97% | -7.76% | View data |
| 8 | 8 Germany | 499.65 | 2022 | -33.35% | View data | |
| 9 | 9 Sweden | 134.29 | 2023 | -92.77% | -44.17% | View data |
| 10 | 10 Netherlands | 110.52 | 2022 | View data |
