In 2023, Norway dominated European Total Beaked Redfish production with a value of 29.723 million euros. Portugal followed with 5.5312 million euros. The Netherlands, Germany, Spain, and Denmark had significantly lower contributions, with values under 1 million euros, indicating a concentration of production in fewer countries. Norway's production grew by 6.09% from the previous year, highlighting its leading and expanding market position. Notably, the Netherlands achieved a remarkable 9.18% increase, and Denmark saw a substantial rise of 28.32%. Other countries like Portugal and Germany remained stable, showing no growth.
Future trends to watch involve potential shifts due to sustainability concerns, regulatory changes, and technological innovations in the fisheries sector. Focus on resource management, market demand fluctuation, and climate change impacts will be crucial for shaping the future of redfish production in Europe.
Top countries in Total Beaked Redfish Production in Capture Fisheries for Human Consumption by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 29,723,000 | 2023 | +5.97% | +6.09% | View data |
| 2 | 2 Portugal | 5,531,200 | 2023 | +46.73% | View data | |
| 3 | 3 Netherlands | 999,690 | 2023 | -9.32% | +9.18% | View data |
| 4 | 4 Germany | 456,270 | 2023 | -21.08% | View data | |
| 5 | 5 Spain | 68,970 | 2022 | -80.09% | -62.35% | View data |
| 6 | 6 Denmark | 16,470 | 2023 | -7.12% | +28.32% | View data |