In 2023, Spain led European frozen seafood production for human consumption, holding 41.38% of the market share, followed by Norway at 31.37% and Iceland at 11.61%. Other notable countries include the Netherlands at 9.46% and Portugal at 2.07%. While Spain, Norway, and Iceland showed positive growth, Portugal and the UK recorded significant increases of 11.4% and 11.64%, respectively. In contrast, Italy and Sweden faced declines. France and Denmark exhibited exceptional surges at 191.97% and 36.73%, respectively.
Future trends to watch:
- Spain continues to dominate, with expected consolidation of its market share.
- France's sharp increase could signal potential growth opportunities or emerging market dynamics.
- Portugal's and the UK's performance suggests potential upward trends.
- Observe potential challenges for Italy and Sweden due to their declining shares.
- Environmental regulations and sustainability practices will increasingly influence production strategies.
Top countries in Frozen Seafood Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 41.38 | 2023 | -5.5% | +3.9% | View data |
| 2 | 2 Norway | 31.37 | 2023 | +6.15% | +3.48% | View data |
| 3 | 3 Iceland | 11.61 | 2023 | +2.03% | +3.41% | View data |
| 4 | 4 Netherlands | 9.46 | 2023 | +41.17% | -1.65% | View data |
| 5 | 5 Portugal | 2.07 | 2023 | -0.94% | +11.4% | View data |
| 6 | 6 Germany | 1.79 | 2023 | +47.85% | -2.35% | View data |
| 7 | 7 Italy | 1.29 | 2023 | +18.39% | -8.29% | View data |
| 8 | 8 United Kingdom | 0.64 | 2023 | +4.16% | +11.64% | View data |
| 9 | 9 France | 0.22 | 2023 | -65.42% | +191.97% | View data |
| 10 | 10 Denmark | 0.14 | 2023 | +3.96% | +36.73% | View data |
