The European production in capture fisheries for gutted fresh cods, hakes, and haddocks in 2023 saw Iceland leading with a 43.76% share, followed by the UK at 26.26% and Spain at 12.75%. Notable changes from the previous year included modest growth in Iceland and the UK, while Spain and Denmark experienced contractions. Interestingly, Estonia witnessed a significant increase, while Germany faced the highest decline. Over the past five years, Iceland maintained a strong position due to consistent year-on-year growth, whereas some European countries struggled with declining shares.
In the future, the market may see increased competition, with countries like Estonia showing potential for growth. Sustainability initiatives and regulatory changes in the EU could also impact fishing practices and market shares, as demand for sustainable seafood products rises. Monitoring technological advancements in fishing and processing methods will be key for staying competitive.
Top countries in Gutted Fresh Cods, Hakes and Haddocks Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 43.76 | 2023 | +3.21% | +3.58% | View data |
| 2 | 2 United Kingdom | 26.26 | 2023 | +2.2% | +2.25% | View data |
| 3 | 3 Spain | 12.75 | 2023 | +5.94% | -3.44% | View data |
| 4 | 4 Norway | 8.43 | 2023 | +2.45% | +1.55% | View data |
| 5 | 5 France | 8.17 | 2023 | -2.81% | -0.29% | View data |
| 6 | 6 Denmark | 7.9 | 2023 | -5.15% | -6.43% | View data |
| 7 | 7 Sweden | 0.26 | 2022 | +23.73% | -21.46% | View data |
| 8 | 8 Netherlands | 0.25 | 2023 | -34.07% | -4.88% | View data |
| 9 | 9 Belgium | 0.16 | 2023 | +22.49% | -5.19% | View data |
| 10 | 10 Lithuania | 0.072 | 2023 | -7.41% | +7.87% | View data |
