In 2023, Finland contributed the most to European smelt production in capture fisheries at 44.3 Euros, highlighting its dominance. Estonia showed notable growth with a 10.46% increase, contrasting with declining shares in Latvia and Lithuania by 3.14% and 1.56%, respectively. Sweden experienced a remarkable surge, increasing its production by 114.96%, albeit from a low base, while France and the United Kingdom saw slight declines. The five-year CAGR indicates a diverging trend between growing and stagnating markets within the region.
Future trends to watch for include technological advancements in capture fisheries potentially altering production dynamics, environmental regulations influencing country outputs, and the impact of climate change on smelt habitats, which may shift the production balance among European countries.
Top countries in Total European Smelt Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 44.3 | 2023 | +65.95% | +4.16% | View data |
| 2 | 2 Latvia | 21.74 | 2023 | +260.83% | -3.14% | View data |
| 3 | 3 Estonia | 19.39 | 2023 | -19.59% | +10.46% | View data |
| 4 | 4 Lithuania | 19.12 | 2023 | +4.32% | -1.56% | View data |
| 5 | 5 France | 6.93 | 2023 | +4.64% | -2.55% | View data |
| 6 | 6 Netherlands | 1.61 | 2022 | -74.4% | -36.55% | View data |
| 7 | 7 Germany | 0.38 | 2022 | +61.91% | View data | |
| 8 | 8 Denmark | 0.35 | 2022 | -58.3% | -2.34% | View data |
| 9 | 9 Poland | 0.27 | 2022 | +13.41% | +82.23% | View data |
| 10 | 10 United Kingdom | 0.011 | 2023 | +2.1% | -2.49% | View data |