In 2023, Norway led European finfish production for industrial processing, valued at €191.72 million, showing a year-on-year increase of 10.47%. Denmark and Iceland followed with significant but lesser contributions. Italy and Estonia saw noteworthy growth at 24.74% and 34.98%, respectively. Finland experienced a decline, while Germany's production skyrocketed by 123.79%. Meanwhile, Sweden and France showed modest growth of around 10%. Over the past five years, the sector displayed varied growth, with Norway at the forefront and countries like Germany making remarkable gains from smaller bases.
Future trends to watch include sustainability practices impacting production costs and consumer preferences towards eco-friendly operations. Additionally, advancements in technology may enhance production efficiency, potentially altering country leaders in the industry.
Top countries in Total Finfish Production in Capture Fisheries for Industrial Processing by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 191,720,000 | 2023 | +7.94% | +10.47% | View data |
| 2 | 2 Denmark | 107,530,000 | 2022 | -9.2% | View data | |
| 3 | 3 Iceland | 71,601,000 | 2023 | +1.23% | -7.12% | View data |
| 4 | 4 Italy | 15,039,000 | 2023 | +23.7% | +24.74% | View data |
| 5 | 5 Finland | 10,309,000 | 2023 | +4.94% | -10.1% | View data |
| 6 | 6 Estonia | 5,613,800 | 2023 | +22.83% | +34.98% | View data |
| 7 | 7 Sweden | 4,139,000 | 2023 | -29.29% | +10.44% | View data |
| 8 | 8 Germany | 454,400 | 2023 | +28990% | +123.79% | View data |
| 9 | 9 France | 366,760 | 2023 | -4.83% | +9.69% | View data |
| 10 | 10 Poland | 231.58 | 2022 | -96.16% | -55.47% | View data |
