The United Kingdom leads European frozen Atlantic cod production in capture fisheries with a value of 9.85 thousand Euros per metric ton, followed by Germany and France. The UK saw significant growth in 2023, up by 12.87%, while Germany and Spain showed moderate increases. Norway, a key player, grew by 1.96% but remains behind the UK. Portugal and Iceland faced declines, and Sweden recorded a slight increase. The overall trend from 2019 to 2023 shows a fluctuating CAGR, underscoring variable growth across the region.
Future trends to watch include:
- Potential impact of climate change and regulatory shifts on fishing quotas.
- Technological advancements improving processing efficiency.
- Demand shifts due to changing consumer preferences towards sustainable seafood.
- Geopolitical factors affecting export markets and trade partnerships.
- Innovation in supply chain logistics enhancing market reach.
Top countries in Frozen Atlantic Cod Production in Capture Fisheries by Country
| # | 9 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 9,850 | 2023 | +5.46% | +12.87% | View data |
| 2 | 2 Germany | 6,590 | 2023 | -15.8% | +3.16% | View data |
| 3 | 3 France | 6,240 | 2022 | View data | ||
| 4 | 4 Spain | 4,950 | 2023 | -23.46% | +8.24% | View data |
| 5 | 5 Norway | 3,900 | 2023 | +2.72% | +1.96% | View data |
| 6 | 6 Portugal | 2,700 | 2023 | +1.47% | -5.28% | View data |
| 7 | 7 Iceland | 2,040 | 2023 | -3.08% | -1.95% | View data |
| 8 | 8 Netherlands | 807.69 | 2022 | -8.22% | View data | |
| 9 | 9 Sweden | 202.75 | 2023 | -33.69% | +2.44% | View data |
