In 2023, Norway led European sprat capture fisheries production for industrial processing with a value of €356.97 per metric ton, followed by Denmark and Germany. Norway's value increased by 4.42% year-on-year, while Germany saw a significant surge of 91.51%. Poland and Sweden also experienced increases of 13.09% and 5.97% respectively, while Estonia remained stable. Finland showed a modest rise of 3.4%. Over the past five years, the compound annual growth rate (CAGR) indicated varying dynamics, highlighting Germany's significant uptrend and Norway's steady growth.
Future trends to watch include potential technological advancements that could drive efficiency and cost savings in sprat capture. Additionally, shifts in EU fishing policies and quotas may reshape production landscapes, impacting individual countries differently based on their current share and capabilities in the fresh European sprat market.
Top countries in Fresh European Sprat Production in Capture Fisheries for Industrial Processing by Country
| # | 7 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 356.97 | 2023 | +2.68% | +4.42% | View data |
| 2 | 2 Denmark | 294.37 | 2022 | +7.19% | View data | |
| 3 | 3 Germany | 257.63 | 2023 | +4.79% | +91.51% | View data |
| 4 | 4 Poland | 256.2 | 2023 | +2.92% | +13.09% | View data |
| 5 | 5 Estonia | 231.3 | 2023 | +3.17% | View data | |
| 6 | 6 Sweden | 221.22 | 2023 | +2.12% | +5.97% | View data |
| 7 | 7 Finland | 215.31 | 2023 | -6.39% | +3.4% | View data |
