Iceland dominates European gutted fresh Atlantic cod production with an 86.53% share as of 2023. The United Kingdom and Denmark trail significantly but remain key players, with Denmark experiencing a notable decrease of 14.68% from the previous year. The United Kingdom showed a 5.6% increase, hinting at positive market dynamics for them. Other countries like Spain and Estonia displayed remarkable growth, with 34.58% and 76.8% increases, respectively, albeit from smaller bases. Over the last five years, the compound annual growth rate (CAGR) will offer insights into long-term shifts in the production landscape.
As we look to the future, pay attention to Iceland's sustained dominance and emerging contributors like Spain and Estonia. Economic and environmental policies, along with advancements in sustainable fishing practices, could significantly influence market shares. The potential impact of Brexit on the United Kingdom's production also remains a critical factor to monitor.
Top countries in Gutted Fresh Atlantic Cod Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 86.53 | 2023 | +4.49% | +4.63% | View data |
| 2 | 2 Denmark | 6.01 | 2023 | -4.61% | -14.68% | View data |
| 3 | 3 United Kingdom | 4.05 | 2023 | +4.71% | +5.6% | View data |
| 4 | 4 Norway | 0.41 | 2021 | -95.49% | -47.42% | View data |
| 5 | 5 Ireland | 0.39 | 2023 | -7.09% | -4.86% | View data |
| 6 | 6 France | 0.34 | 2023 | -14.94% | -10.36% | View data |
| 7 | 7 Sweden | 0.27 | 2022 | -11.44% | -32.16% | View data |
| 8 | 8 Netherlands | 0.23 | 2023 | -60.87% | -10.71% | View data |
| 9 | 9 Belgium | 0.12 | 2023 | +31.26% | -17.9% | View data |
| 10 | 10 Poland | 0.08 | 2022 | -54.02% | -53.96% | View data |
