The European production of flounders, halibuts, and soles for industrial processing in 2023 was led by Sweden, which demonstrated a substantial decline from its previous position, with Norway and Denmark also showing a notable decrease. Germany and Poland continue to hold minor roles in this segment, marking significant contractions. The compound annual growth rate (CAGR) over the past five years suggests Sweden and Denmark experienced substantial growth, with Poland's production burgeoning. Germany exhibited notable variation with a smaller base.
Future trends to watch include:
- Potential recovery and stabilization in Sweden’s production levels.
- Norway’s and Denmark’s ability to maintain market relevance despite fluctuations.
- The influence of environmental policies and sustainability practices on fisheries sectors across Europe.
- Technological advancements and innovation impacting processing efficiency and product quality.
- Economic conditions and consumer demand shifts affecting industrial processing capacities.
Top countries in Total Flounders, Halibuts and Soles Production in Capture Fisheries for Industrial Processing by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 295,100 | 2023 | +91.23% | +502.12% | View data |
| 2 | 2 Norway | 92,170 | 2023 | +22.77% | +7.18% | View data |
| 3 | 3 Denmark | 36,240 | 2023 | +0.69% | +105.43% | View data |
| 4 | 4 Germany | 1,180 | 2023 | +222.55% | +25.88% | View data |
| 5 | 5 Estonia | 720 | 2022 | View data | ||
| 6 | 6 Poland | 288.21 | 2023 | +1320% | +140.55% | View data |
