In 2023, Norway dominated the European production of frozen, gutted, and headed aquatic animals in capture fisheries, valued at €618.36 million. Spain followed distantly at €299.25 million, while Iceland contributed significantly less at €75.05 million. A steep decline was noted in Iceland with a -5.65% year-on-year variation, whereas Portugal saw a notable increase of 12.4%. Other European countries like Germany and the United Kingdom saw minor decreases in production values. Over the last five years, these markets experienced variances, but trends indicate steady Norwegian dominance.
Future trends to watch include technological advancements in fisheries, sustainable fishing practices, and market diversification. Expect Norway and Spain to continue their leadership, while smaller markets like Portugal might capitalize on growth opportunities. Environmental policies and trade dynamics will also influence market dynamics in the European capture fisheries domain.
Top countries in Frozen, Gutted and Headed Aquatic Animals Production in Capture Fisheries by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 618,360,000 | 2023 | +6.47% | +1.97% | View data |
| 2 | 2 Spain | 299,250,000 | 2023 | +2.15% | +5.09% | View data |
| 3 | 3 Iceland | 75,050,000 | 2023 | +2.86% | -5.65% | View data |
| 4 | 4 Portugal | 4,622,100 | 2023 | +17.42% | +12.4% | View data |
| 5 | 5 Germany | 1,853,700 | 2023 | +35.76% | -0.93% | View data |
| 6 | 6 France | 876,460 | 2022 | View data | ||
| 7 | 7 United Kingdom | 65,160 | 2023 | +6.18% | -2.78% | View data |
| 8 | 8 Netherlands | 5,270 | 2022 | +7.86% | View data | |
| 9 | 9 Sweden | 1,460 | 2023 | +33.26% | +7.3% | View data |