In 2024, Italy leads European finfish production for industrial processing with the highest value, showcasing a robust 15.36% year-on-year increase from 2023. France, holding the second spot, reported a modest growth of 0.17%. Germany experienced considerable growth at 23.13%, indicating a strengthening market position. Norway, Sweden, and Estonia also showed promising increases, emphasizing enhanced productivity or improved valuation. In contrast, Denmark did not witness significant fluctuations.
Looking ahead, rising environmental regulations and technological advancements might reshape production strategies. A focus on sustainable practices and innovative processing methods could drive growth, with potential shifts in leading positions among countries depending on their adaptability and investments.
Top countries in Total Finfish Production in Capture Fisheries for Industrial Processing by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,230 | 2023 | +7.67% | +15.36% | View data |
| 2 | 2 France | 1,060 | 2023 | +1.94% | +0.17% | View data |
| 3 | 3 Germany | 352.41 | 2023 | +126.54% | +23.13% | View data |
| 4 | 4 Norway | 328.7 | 2023 | +3.21% | +5.43% | View data |
| 5 | 5 Denmark | 283.89 | 2022 | +0.89% | View data | |
| 6 | 6 Poland | 243.96 | 2023 | +45.9% | +3.31% | View data |
| 7 | 7 Estonia | 237.12 | 2023 | +7.07% | +9.39% | View data |
| 8 | 8 Sweden | 229.92 | 2023 | +4.52% | +6.05% | View data |
| 9 | 9 Iceland | 206 | 2023 | +0.86% | +1.83% | View data |
| 10 | 10 Finland | 201.76 | 2023 | -1.22% | +2.27% | View data |
