In 2023, the United Kingdom led European countries in the production value of frozen cods, hakes, and haddocks through capture fisheries, with Italy and Germany following. The United Kingdom and Italy experienced significant growth, with Italy showing a remarkable 35.13% increase year-on-year. Conversely, Portugal saw a decline of 5.92%. Germany and Sweden also demonstrated notable rises, suggesting a positive trajectory in these regions. Over the past five years, the industry demonstrated a steady compound annual growth, pointing to an overall increased demand and production efficiency.
Looking forward, trends toward sustainable fishing practices, the adoption of technological advancements, and climate change effects will significantly shape the production landscape of frozen cods, hakes, and haddocks in Europe. Increased emphasis on regulatory measures and market preferences towards eco-labeled seafood could redefine competitive advantages among European countries.
Top countries in Frozen Cods, Hakes and Haddocks Production in Capture Fisheries by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 8,200 | 2023 | +5.39% | +11.32% | View data |
| 2 | 2 Italy | 6,830 | 2023 | +13.78% | +35.13% | View data |
| 3 | 3 Germany | 5,920 | 2023 | +3.95% | +16.4% | View data |
| 4 | 4 France | 3,700 | 2022 | +23.77% | View data | |
| 5 | 5 Norway | 2,600 | 2023 | +1.27% | +0.36% | View data |
| 6 | 6 Portugal | 2,590 | 2023 | +3.43% | -5.92% | View data |
| 7 | 7 Spain | 1,940 | 2023 | -7.51% | +1% | View data |
| 8 | 8 Iceland | 1,880 | 2023 | -3.33% | +1.6% | View data |
| 9 | 9 Sweden | 348.34 | 2023 | +13.93% | +13.13% | View data |
| 10 | 10 Netherlands | 287.2 | 2023 | +1.16% | +4.36% | View data |
