In 2023, Norway dominated the European total northern prawn production in capture fisheries, holding a significant market share by value at 72.71%. Iceland and Sweden ranked second and third with shares of 12.43% and 7.25%, respectively. Denmark exhibited a positive trend with a 4.53% increase, while Iceland and Sweden faced declines of 6.35% and 1.15%, respectively. Italy and Germany showed growth with 11.88% and 5.21%, while the United Kingdom marked a 9.01% increase, despite their minor shares.
Future Trends to Watch:
- Monitoring Norway's dominance and potential shifts due to sustainability practices.
- Evaluating the impact of Iceland's declining production on overall market dynamics.
- Observing Italy and Germany’s growth trajectory, potentially altering market shares.
Top countries in Total Northern Prawn Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 72.71 | 2023 | +9.97% | -0.82% | View data |
| 2 | 2 Iceland | 12.43 | 2023 | -0.64% | -6.35% | View data |
| 3 | 3 Sweden | 7.25 | 2023 | +4.05% | -1.15% | View data |
| 4 | 4 Denmark | 5.69 | 2023 | +8.88% | +4.53% | View data |
| 5 | 5 Italy | 1.19 | 2023 | +30.48% | +11.88% | View data |
| 6 | 6 Germany | 0.55 | 2023 | -10.36% | +5.21% | View data |
| 7 | 7 Portugal | 0.17 | 2022 | -100% | View data | |
| 8 | 8 Ireland | 0.003 | 2022 | -57.42% | -28.98% | View data |
| 9 | 9 United Kingdom | 0.003 | 2023 | -1.06% | +9.01% | View data |
| 10 | 10 France | 0.002 | 2022 | View data |
