The 2023 data shows that Iceland leads in European Whole Fresh Northern Prawn Production with a share of 54.49 metric tons, followed by Denmark at 34.34 metric tons. Sweden and Italy are distant third and fourth at 6.2 and 3.47 metric tons, respectively. In 2023, Denmark and Italy experienced notable growth at 12.65% and 14.6%, whereas Iceland and Sweden saw declines of 6.56% and 5.75%. The UK saw a substantial increase of 34.61%, albeit from a much smaller base, while Spain and Ireland experienced declines of 36.52% and 26.13%.
Looking forward, Denmark and Italy may continue to gain market share if they sustain their growth trends. Monitoring Iceland's strategies to regain momentum and potential shifts among smaller players like the UK and Spain will be crucial. Additionally, environmental and regulatory factors impacting capture fisheries could considerably influence future production capacities and competitiveness in the region.
Top countries in Whole Fresh Northern Prawn Production in Capture Fisheries Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 54.49 | 2023 | -11.72% | -6.56% | View data |
| 2 | 2 Denmark | 34.34 | 2023 | +3.34% | +12.65% | View data |
| 3 | 3 Sweden | 6.2 | 2023 | -32.51% | -5.75% | View data |
| 4 | 4 Italy | 3.47 | 2023 | +28.13% | +14.6% | View data |
| 5 | 5 Spain | 0.11 | 2023 | +61400% | -36.52% | View data |
| 6 | 6 Norway | 0.021 | 2022 | -94.57% | -79.75% | View data |
| 7 | 7 United Kingdom | 0.013 | 2023 | -2.48% | +34.61% | View data |
| 8 | 8 Ireland | 0.01 | 2023 | -21.41% | -26.13% | View data |
| 9 | 9 France | 0.007 | 2022 | View data | ||
| 10 | 10 Germany | 0 | 2022 | View data |
