Iceland leads European whole fresh cod, hakes, and haddocks production for human consumption with a dominant 48.56% share in 2023. Spain and Italy follow with 20.02% and 13.19%, respectively. Notable year-on-year variations include a significant 181.93% increase in Denmark, driven by possible efforts to boost fisheries output, while France experienced a substantial 21.73% decline. Market growth or stabilization occurred in smaller markets like Bulgaria, seeing a 54.04% rise, and Belgium with a 23.2% increase. The sector's Compound Annual Growth Rate (CAGR) over the past five years varies widely among countries, reflecting distinct national fisheries policies and resource availability.
Future trends to watch include the potential impact of sustained and emerging sustainability measures, as well as fluctuations in fish stock availability owing to climate change. Increased regulatory focus from the European Union on sustainable catch methods could shift production shares, favoring countries adapting more swiftly to these standards. Additionally, technological advancements in processing may impact the overall market dynamics and value distribution across these countries.
Top countries in Whole Fresh Cods, Hakes and Haddocks Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 48.56 | 2023 | +2.49% | +2.6% | View data |
| 2 | 2 Spain | 20.02 | 2023 | +0.66% | -5.67% | View data |
| 3 | 3 Italy | 13.19 | 2023 | +3.58% | -4.18% | View data |
| 4 | 4 Greece | 7.45 | 2023 | -0.47% | +0.088% | View data |
| 5 | 5 France | 3.31 | 2023 | -26.61% | -21.73% | View data |
| 6 | 6 Portugal | 2.2 | 2023 | +1.79% | +1.04% | View data |
| 7 | 7 Croatia | 1.26 | 2023 | -5.43% | +2.92% | View data |
| 8 | 8 United Kingdom | 1.12 | 2023 | -2.25% | +1.52% | View data |
| 9 | 9 Norway | 0.89 | 2021 | -97.87% | -53.9% | View data |
| 10 | 10 Netherlands | 0.28 | 2022 | +88.22% | +9.91% | View data |
