In 2024, Portugal led European production of Golden Redfish in capture fisheries for human consumption with 7.94 thousand metric tons, reflecting a significant year-on-year increase of over 315% from 2023, establishing it as a key player. Norway follows with 6.76 thousand metric tons and a growth of 8.22%. Germany, Denmark, and the Netherlands remain minor contributors. Between 2019 and 2024, the compounded annual growth rate indicates substantial increases for Portugal, stagnation for Norway, and declines for countries like the Netherlands and Sweden.
In the coming years, monitor developments in sustainable fishing practices and possible effects of climate change on fish populations which could affect production stability and growth in European countries. Additionally, shifts in trade regulations due to geopolitical changes could impact market dynamics and production priorities.
Top countries in Total Golden Redfish Production in Capture Fisheries for Human Consumption by Country
| # | 7 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 7,940 | 2023 | +21.85% | +315.63% | View data |
| 2 | 2 Norway | 6,760 | 2023 | +3.29% | +8.22% | View data |
| 3 | 3 Germany | 5.83 | 2022 | View data | ||
| 4 | 4 Denmark | 0.3 | 2022 | -76.92% | -53.1% | View data |
| 5 | 5 Netherlands | 0.27 | 2023 | -24.89% | View data | |
| 6 | 6 Spain | 0.05 | 2022 | -94.85% | +37.97% | View data |
| 7 | 7 Sweden | 0.023 | 2023 | +16.58% | -18.32% | View data |