In 2023, France led European Total Megrim Production in Capture Fisheries at 6.7232 million euros, followed by Iceland and Denmark. Spain and Portugal, although smaller contributors, showed substantial growth with increases of 86.15% and 18.43% respectively. Norway also experienced a significant rise at 50.47%, whereas Germany saw the largest percentage increase of 204.39%, though from a low base. Conversely, the Netherlands and France experienced declines in production value.
Looking forward, key trends include potential growth in Spain and Portugal due to their notable increases and possible stability in established markets like France and Iceland. Close attention should be paid to Norway's expansion potential and Germany's rapid percentage growth, which could reshape the competitive landscape.
Top countries in Total Megrim Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 6,723,200 | 2023 | -4.97% | -4.49% | View data |
| 2 | 2 Iceland | 588,220 | 2023 | +10.07% | +0.75% | View data |
| 3 | 3 Denmark | 393,200 | 2023 | +10.19% | +6.78% | View data |
| 4 | 4 Spain | 293,880 | 2023 | -82.32% | +86.15% | View data |
| 5 | 5 Portugal | 133,220 | 2023 | +2.66% | +18.43% | View data |
| 6 | 6 Ireland | 97,520 | 2021 | +11.14% | View data | |
| 7 | 7 Norway | 75,160 | 2023 | +8.77% | +50.47% | View data |
| 8 | 8 Netherlands | 10,770 | 2023 | -7.82% | -6.29% | View data |
| 9 | 9 Germany | 1,060 | 2023 | +22.48% | +204.39% | View data |
| 10 | 10 Sweden | 2.35 | 2022 | View data |