In 2023, Iceland dominated European gutted fresh tusk cusk production, capturing 61.87% of the market, followed by Norway with 13.78% and the United Kingdom with 9.69%. The smaller producers, like Denmark at 4.01% and France at 2.24%, showed modest market shares, with countries such as Spain and Germany falling below 0.4%. Year-over-year variation revealed significant increases for Spain at 34.01% and Norway at 10.84%, while Iceland grew by 6.35%. Sweden, however, saw a substantial decrease of 42.16%, indicating a volatile market. Over the past five years, the compound annual growth rate highlights these fluctuations and trends.
Looking forward, future trends to observe include Iceland maintaining its leading position, while significant emerging growth potential might convert lower-ranked countries like Spain into competitive players if current trends persist. Watch for changes in capture practices and sustainability efforts across Europe, potentially influencing production and market share.
Top countries in Gutted Fresh Tusk Cusk Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 61.87 | 2023 | +11.09% | +6.35% | View data |
| 2 | 2 Norway | 13.78 | 2023 | +12.76% | +10.84% | View data |
| 3 | 3 United Kingdom | 9.69 | 2023 | -0.36% | +1.65% | View data |
| 4 | 4 Denmark | 4.01 | 2023 | -5.06% | +0.82% | View data |
| 5 | 5 France | 2.24 | 2023 | -74.92% | +5.88% | View data |
| 6 | 6 Spain | 0.3 | 2023 | +269.88% | +34.01% | View data |
| 7 | 7 Germany | 0.017 | 2022 | -33.35% | View data | |
| 8 | 8 Sweden | 0.006 | 2023 | -91.37% | -42.16% | View data |
| 9 | 9 Netherlands | 0.004 | 2022 | View data | ||
| 10 | 10 Belgium | 0.002 | 2022 | +69.47% | -12.29% | View data |
