Norway leads European fresh seafood production in capture fisheries for industrial processing, with a value of 187.58 million euros in 2024. Year-on-year, it grew by 10.35% in 2023. Denmark and Iceland follow at 107.8 million euros and 72.514 million euros, respectively. Iceland experienced a contraction with a decline of 6.88% the previous year. Notably, Estonia showed remarkable growth, surging by 34.98%, while Finland, at 10.309 million euros, decreased by 10.1%. Meanwhile, Germany's production rose sharply by 123.76%. Over the past five years, the market has shown varying degrees of fluctuation across different countries.
Looking forward, the European seafood production industry is expected to witness continued diversification in its sources, with increased focus on sustainable practices and technological advancements. Market shifts may arise due to climate change impacts and evolving consumer preferences for traceable and environmentally-friendly products. Watching regulatory changes and trade policies will be crucial for assessing future opportunities and challenges in this sector.
Top countries in Fresh Seafood Production in Capture Fisheries for Industrial Processing by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 187,580,000 | 2023 | +7.82% | +10.35% | View data |
| 2 | 2 Denmark | 107,800,000 | 2022 | -9.22% | View data | |
| 3 | 3 Iceland | 72,514,000 | 2023 | +1.69% | -6.88% | View data |
| 4 | 4 Finland | 10,309,000 | 2023 | +4.94% | -10.1% | View data |
| 5 | 5 Sweden | 5,848,800 | 2022 | +71.54% | +31.7% | View data |
| 6 | 6 Estonia | 5,613,800 | 2023 | +22.83% | +34.98% | View data |
| 7 | 7 Spain | 1,748,200 | 2023 | -3.21% | -6.09% | View data |
| 8 | 8 Germany | 454,040 | 2023 | +28970% | +123.76% | View data |
| 9 | 9 France | 362,230 | 2023 | -6.01% | +9.41% | View data |
| 10 | 10 Poland | 231.58 | 2022 | -96.16% | -55.47% | View data |
