The Global Demersal Fish Production landscape in 2023 saw China leading, despite a slight decline. Russia, Indonesia, and India showed production growth, while Japan, Spain, and South Korea faced declines. Notable increases were observed in Denmark, Iran, and Mauritania, indicating shifts in production prowess. Stability marked traditional fishing nations like Norway and Iceland. Countries like Egypt and Ecuador showed strong year-on-year rises, whereas Ukraine and Yemen experienced significant downturns.
Future trends may include a stronger emphasis on sustainable practices, potential shifts in market leadership driven by technology and regulatory changes, and continued production growth in emerging economies, especially within Africa and Asia. Monitoring these dynamics is crucial for stakeholders in the fishing industry.
Top countries in Demersal Fish Production Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 17.63 | 2023 | -0.47% | -0.42% | View data |
| 2 | 2 Russia | 12.7 | 2023 | +0.76% | +0.81% | View data |
| 3 | 3 United States | 11.59 | 2023 | +0.42% | +0.37% | View data |
| 4 | 4 Indonesia | 7.89 | 2023 | +1.82% | +1.71% | View data |
| 5 | 5 India | 6.14 | 2023 | +1.48% | +1.58% | View data |
| 6 | 6 Norway | 5.71 | 2023 | +0.18% | +0.031% | View data |
| 7 | 7 Iceland | 2.95 | 2023 | +0.58% | +0.62% | View data |
| 8 | 8 Denmark | 2.36 | 2023 | +3.03% | +2.42% | View data |
| 9 | 9 Egypt | 1.78 | 2023 | +2.67% | +2.69% | View data |
| 10 | 10 Malaysia | 1.65 | 2023 | +0.63% | +0.7% | View data |