In 2023, Norway dominated the European Total Atlantic Halibut Production in Capture Fisheries for Human Consumption with a share of 83.27 Euros, experiencing a 4.14% increase from the previous year. The United Kingdom saw a gain of 5.58%, while Denmark and Iceland faced declines of 6.89% and 10.08%, respectively. France had a notable increase of 8.38%. Other countries like Portugal, Spain, and Germany showed minor declines. Over the past five years, trends indicate a shift towards concentration in Norway and the UK, with decreased shares in other nations.
Looking forward, Norway is expected to maintain its leadership given its increasing production share. However, environmental policies, sustainability practices, and technological advancements in fisheries could impact these trends. Observing Denmark and Iceland, a turnaround in output could change current standings. Adapting to climate change and consumer preferences for sustainably sourced seafood will also play crucial roles in shaping the sector's future.
Top countries in Total Atlantic Halibut Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 83.27 | 2023 | +13.25% | +4.14% | View data |
| 2 | 2 Denmark | 7.13 | 2023 | -3.43% | -6.89% | View data |
| 3 | 3 United Kingdom | 3.29 | 2023 | +4.75% | +5.58% | View data |
| 4 | 4 Spain | 2.94 | 2023 | +52.01% | -0.8% | View data |
| 5 | 5 Portugal | 1.41 | 2023 | -5.05% | -2.76% | View data |
| 6 | 6 Iceland | 0.96 | 2023 | -26.22% | -10.08% | View data |
| 7 | 7 Netherlands | 0.45 | 2023 | +47.77% | +1.59% | View data |
| 8 | 8 Sweden | 0.18 | 2023 | +8.52% | -0.83% | View data |
| 9 | 9 France | 0.092 | 2023 | +31.97% | +8.38% | View data |
| 10 | 10 Germany | 0.085 | 2023 | +3390% | -3.97% | View data |
