In 2023, Spain led European production of whole fresh northern prawns in capture fisheries, with a value of €14.29K per metric ton, representing a significant 26.15% year-on-year increase. The United Kingdom and Italy followed at €13.29K and €12.96K per metric ton, respectively. The UK's production declined by 5.78%, while Italy saw a modest growth of 2.85%. Ireland, France, and Norway presented values of €8.92K, €8.00K, and €4.02K per metric ton, showing slight positive trends of 0.34% and 3.13%, respectively. Iceland and Sweden remained stable with minor increases, while Denmark faced a significant 12.2% decline. The Compound Annual Growth Rate (CAGR) over the last five years indicates a mixed trend across the countries, with some showing growth and others experiencing declines.
Future trends to watch for in the European whole fresh northern prawn production in capture fisheries include technological advancements in sustainable practices, the impact of regulatory changes, and shifts in consumer preference towards sustainably sourced seafood. Understanding these factors will be pivotal for stakeholders looking to maintain or increase their market positions.
Top countries in Whole Fresh Northern Prawn Production in Capture Fisheries by Country
| # | 9 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 14,290 | 2023 | -5.77% | +26.15% | View data |
| 2 | 2 United Kingdom | 13,290 | 2023 | -0.52% | -5.78% | View data |
| 3 | 3 Italy | 12,960 | 2023 | -2.27% | +2.85% | View data |
| 4 | 4 Ireland | 8,920 | 2023 | +7.22% | +0.34% | View data |
| 5 | 5 France | 8,000 | 2022 | View data | ||
| 6 | 6 Norway | 4,020 | 2023 | +18.98% | +3.13% | View data |
| 7 | 7 Iceland | 2,700 | 2023 | +8.76% | +0.94% | View data |
| 8 | 8 Sweden | 2,440 | 2023 | +2.62% | +3.35% | View data |
| 9 | 9 Denmark | 1,530 | 2023 | -33.17% | -12.2% | View data |
