Iceland dominates European fresh Atlantic cod production with 279.39 thousand metric tons, representing a substantial part of the capture fisheries market. The UK follows at 19.59 thousand metric tons, while other countries contribute significantly less. In 2023, Iceland increased output by 2.78%, while the UK decreased slightly by 0.55%. Severe reductions were seen in Denmark and France, whereas smaller countries, such as Estonia and Finland, experienced increases of 37.73% and 8.29%, respectively. The compound annual growth rate (CAGR) over the past five years indicates varying trends across countries, with some showing stability and others facing declining production.
Looking ahead, potential growth areas include countries with recent increases like Finland and Estonia. However, the focus must shift towards sustainable fishing practices amid environmental concerns and tightening regulations. Monitoring technological innovations and market demands will be critical in shaping future production landscapes.
Top countries in Fresh Atlantic Cod Production in Capture Fisheries by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 279,390 | 2023 | +3.38% | +2.78% | View data |
| 2 | 2 United Kingdom | 19,590 | 2023 | +2.52% | -0.55% | View data |
| 3 | 3 Denmark | 2,970 | 2023 | -34.3% | -27.2% | View data |
| 4 | 4 Norway | 1,120 | 2022 | -16.7% | -65.13% | View data |
| 5 | 5 Netherlands | 655.52 | 2023 | -24.66% | +4.23% | View data |
| 6 | 6 France | 481.2 | 2023 | +82.99% | -37.34% | View data |
| 7 | 7 Sweden | 200.77 | 2022 | -40.45% | -46.16% | View data |
| 8 | 8 Lithuania | 183.44 | 2023 | +29580% | -16.46% | View data |
| 9 | 9 Poland | 147.27 | 2022 | -52.72% | -57.45% | View data |
| 10 | 10 Belgium | 68.2 | 2023 | +92.85% | -17.46% | View data |
