In 2023, Norway led European Greenland Halibut production with significant output valued at 31.983 million Euros. Iceland followed with 13.251 million Euros, while the UK, Denmark, and France had nominal contributions. Notably, the Netherlands had a value of 0.01834 million Euros, with Spain contributing insignificantly.
The year-on-year variations in 2023 showed growth in Norway at 6.51%, and Iceland at 3.68%, while the UK and Netherlands experienced declines of 3.28% and a marginal 0.79%, respectively.
Looking forward, trends indicate Norway and Iceland will continue dominating production. Sustainable practices and regulatory changes could impact future yields and competition among European producers as they adjust to environmental and market demands.
Top countries in Fresh Greenland Halibut Production in Capture Fisheries by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 31,983,000 | 2023 | +13.84% | +6.51% | View data |
| 2 | 2 Iceland | 13,251,000 | 2023 | +22.99% | +3.68% | View data |
| 3 | 3 United Kingdom | 627,990 | 2023 | -4.19% | -3.28% | View data |
| 4 | 4 Denmark | 32,440 | 2021 | -44.18% | View data | |
| 5 | 5 France | 24,430 | 2022 | +136.53% | -21.71% | View data |
| 6 | 6 Netherlands | 18,340 | 2023 | +1590% | +0.79% | View data |
| 7 | 7 Spain | 28.31 | 2021 | -90.96% | View data |
