In 2023, Norway dominated the European market in sold production of frozen whole salt water fish, followed by Portugal and Spain. Notable growth was seen in Italy with a rise of 21.86%, and Estonia with a 16.62% increase. Conversely, the United Kingdom and Denmark faced decreases of 3.64% and 24.7% respectively. Overall, the market experienced variable shifts, with countries like Finland showing positive trends at 7.54% while Lithuania decreased by 20.02%.
For future trends, watch for continued growth in southern European markets, driven by advancements in fishing technology and marketing strategies. Northern economies may need to adapt to counteract any decline in production share. Environmental regulations and sustainability practices are also expected to play a substantial role in shaping future industry dynamics.
Top countries in Sold Production of Frozen Whole Salt Water Fish Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 28.79 | 2023 | -0.88% | +2.12% | View data |
| 2 | 2 Portugal | 15.54 | 2023 | +8.18% | +3.43% | View data |
| 3 | 3 Spain | 13.11 | 2023 | +2.53% | +2% | View data |
| 4 | 4 Iceland | 10.74 | 2023 | +6.27% | +2.13% | View data |
| 5 | 5 Italy | 9.1 | 2023 | +5.88% | +21.86% | View data |
| 6 | 6 Ireland | 6.69 | 2023 | +6.04% | +1.2% | View data |
| 7 | 7 United Kingdom | 2.81 | 2023 | -8.07% | -3.64% | View data |
| 8 | 8 Netherlands | 2.77 | 2023 | +0.63% | +3.9% | View data |
| 9 | 9 France | 1.56 | 2023 | +4.36% | +0.99% | View data |
| 10 | 10 Estonia | 0.82 | 2023 | +2.97% | +16.62% | View data |
