In 2023, Iceland led the European market for gutted fresh cods, hakes, and haddocks production valued in euros, with a significant share of 55.12%. Despite Iceland's dominant position, the country experienced a moderate increase of 3.58% year-on-year. Spain, holding the second largest share at 16.06%, saw a decrease of 3.44%. Norway and France followed, with Norway showing a slight positive growth of 1.55% and France seeing a decline of 0.86%. Notably, Spain's share in the market observed a substantial negative trend. Other countries like Denmark and the Netherlands illustrated even greater declines, with Denmark experiencing a 6.44% reduction.
Looking ahead, monitoring shifts in production techniques and changes in demand for sustainable seafood will be vital. Key trends include the potential for technological advancements in fishing and processing, the impact of geopolitical tensions affecting fishing rights, and environmental regulations shaping capture fisheries. Iceland's continued innovation and market adaptability will likely influence its stronghold on the market.
Top countries in Gutted Fresh Cods, Hakes and Haddocks Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 55.12 | 2023 | +3.21% | +3.58% | View data |
| 2 | 2 Spain | 16.06 | 2023 | +5.94% | -3.44% | View data |
| 3 | 3 Norway | 10.88 | 2023 | +2.45% | +1.55% | View data |
| 4 | 4 France | 9.99 | 2023 | -5.55% | -0.86% | View data |
| 5 | 5 Denmark | 9.95 | 2023 | -5.16% | -6.44% | View data |
| 6 | 6 United Kingdom | 6.17 | 2023 | +0.23% | +0.48% | View data |
| 7 | 7 Sweden | 0.33 | 2022 | +24.17% | -21.51% | View data |
| 8 | 8 Netherlands | 0.31 | 2023 | -34.07% | -4.88% | View data |
| 9 | 9 Belgium | 0.21 | 2023 | +21.96% | -5.27% | View data |
| 10 | 10 Lithuania | 0.091 | 2023 | -7.41% | +7.87% | View data |
