The European Total Roughhead Grenadier production in capture fisheries displays a varied pricing landscape among countries. In 2024, France led with the highest value per metric ton at 2.42 thousand euros, followed by Portugal, Spain, and the United Kingdom. France's year-on-year increase was the highest among larger producers, marking a 6.61% growth in 2023. Iceland showed impressive growth with a 15.15% rise, indicating potential expansion. Norway was the only country facing a decline at -2.97% for 2023. Over the past five years, fluctuations in production values were observed due to market dynamics, with nations responding differently to changes in supply and demand.
Future trends to watch include sustainability efforts and policy regulations impacting fisheries, especially with environmental considerations gaining traction. Moreover, advancements in fishing technology and practices may further influence production costs and values. France and Iceland's growth trends suggest potential for increased market influence, while Norway needs to address its decline to remain competitive.
Top countries in Total Roughhead Grenadier Production in Capture Fisheries by Country
| # | 7 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,420 | 2023 | +1.62% | +6.61% | View data |
| 2 | 2 Portugal | 1,950 | 2023 | -17.26% | View data | |
| 3 | 3 Spain | 1,150 | 2023 | -19.88% | +4.64% | View data |
| 4 | 4 United Kingdom | 1,100 | 2023 | +0.36% | +0.96% | View data |
| 5 | 5 Germany | 1,000 | 2022 | View data | ||
| 6 | 6 Norway | 744.84 | 2023 | +5.69% | -2.97% | View data |
| 7 | 7 Iceland | 312.49 | 2023 | +2.06% | +15.15% | View data |