In 2023, Norway led Atlantic Halibut production with 2.49 thousand metric tons, experiencing a 4.42% increase from the previous year. Portugal showed significant growth at 19.41%, reaching 0.12405 thousand metric tons. Spain saw a slight decline of 1.15%, while Denmark experienced a notable decrease of 14.49%. Iceland's production decreased by 2.26%, and the UK showed moderate growth at 5.35%. The Netherlands increased by 4.87%, whereas Germany, Sweden, Belgium, and France faced declines of 10.77%, 17.5%, 12.05%, and 31.65%, respectively.
Looking ahead, future trends to watch include technological advancements in sustainable fishing, regulatory changes affecting quotas, and market demand shifts influenced by environmental concerns. Countries investing in sustainable practices could lead production increases, while economic and policy uncertainties might cause fluctuating production volumes across the region.
Top countries in Total Atlantic Halibut Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 2,490 | 2023 | -7.58% | +4.42% | View data |
| 2 | 2 Portugal | 124.05 | 2023 | +14.33% | +19.41% | View data |
| 3 | 3 Spain | 100.34 | 2023 | +69.49% | -1.15% | View data |
| 4 | 4 Denmark | 94.3 | 2023 | -12.93% | -14.49% | View data |
| 5 | 5 Iceland | 83.86 | 2023 | -12.53% | -2.26% | View data |
| 6 | 6 United Kingdom | 61.09 | 2023 | +4.97% | +5.35% | View data |
| 7 | 7 Netherlands | 9.12 | 2023 | +28.45% | +4.87% | View data |
| 8 | 8 Germany | 4.75 | 2023 | +2450% | -10.77% | View data |
| 9 | 9 Sweden | 1.1 | 2023 | -53% | -17.5% | View data |
| 10 | 10 Belgium | 1 | 2023 | -9.09% | -12.05% | View data |