In 2023, Denmark and Norway were the largest contributors to European lumpfish lumpsucker production for human consumption, with Denmark valuated at €3.1517 million and Norway at €2.7133 million. Sweden followed with a modest €0.18915 million. The Netherlands, Germany, and the United Kingdom contributed minimally, with the UK showing slight growth from recent trends. Denmark saw a growth of 6.16%, while Norway grew by a slightly higher 7.45%. Sweden experienced a decline of 2.09%, and the Netherlands faced a significant drop of 14.12%. The UK's small base saw an increase of 15.98%, reflecting its potential for growth against a small volume backdrop.
Future trends indicate that Denmark and Norway will likely maintain their leading positions in Europe’s market. However, emerging conservation efforts and regulatory changes may impact capture fishery outputs. Technological advancements in aquaculture could provide avenues for growth, along with evolving consumer preferences shifting towards sustainable sourcing. Monitoring these dynamics will be crucial for stakeholders navigating the European lumpfish lumpsucker market landscape.
Top countries in Total Lumpfish Lumpsucker Production in Capture Fisheries for Human Consumption by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 3,151,700 | 2023 | +23.94% | +6.16% | View data |
| 2 | 2 Norway | 2,713,300 | 2023 | -0.02% | +7.45% | View data |
| 3 | 3 Sweden | 189,150 | 2023 | +52.41% | -2.09% | View data |
| 4 | 4 Netherlands | 225.03 | 2023 | +370.14% | -14.12% | View data |
| 5 | 5 Germany | 90.45 | 2022 | +223.04% | -20.67% | View data |
| 6 | 6 United Kingdom | 40.89 | 2023 | -1.5% | +15.98% | View data |
