The seafood market size volume in Denmark has shown considerable fluctuation over the past decade. From 2012 to 2022, the volume varied from an initial 663.7 million kilograms to 697.56 million kilograms. The highest volume was observed in 2014 at 883.64 million kilograms, while the lowest was in 2020 at 582.65 million kilograms. Since then, it saw year-on-year growth rates such as -17.27% in 2020, 14.09% in 2021, and 4.93% in 2022. The volume in 2023 stood close to the 2022 value, experiencing moderate growth over the recent years. Over the last five years, the compound annual growth rate (CAGR) averaged 0.61%.
Future trends to watch for include potential impacts from sustainability practices and regulatory changes. There is also a growing consumer interest in alternative seafood products, which could affect market volume. Continuous monitoring of global economic factors and trade policies will be critical in forecasting market dynamics.
How does Denmark rank in Seafood Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,039,200,000 | 2023 | -1.62% | +1.65% | View data |
| 2 | 2 Denmark | 695,410,000 | 2023 | -0.31% | -0.19% | |
| 3 | 3 Italy | 659,090,000 | 2023 | +0.46% | -1.71% | View data |
| 4 | 4 France | 601,260,000 | 2023 | -1.93% | +0.22% | View data |
| 5 | 5 United Kingdom | 535,230,000 | 2023 | -1.1% | -0.87% | View data |
