In 2023, Cyprus led European whole fresh hake production, valued at 10.48 thousand euros per metric ton. Other key producers included Italy at 7.03 and Greece at 6.57. Noteworthy year-on-year changes included significant growth in Cyprus (+8.07%) and Ireland (+13.49%), while the UK and Sweden saw major declines, -12.8% and -15.54% respectively. Over five years, trends suggest gradual improvements with variations by country, indicating fluctuating demand and supply dynamics across Europe.
Future trends to watch include technological advancements in fishing and sustainability practices, which could alter production efficiency and environmental impact. Political and economic shifts, such as changes in trade policies or regulations, could also affect the distribution and success of hake fisheries across Europe. Additionally, climate change impacts on ocean temperatures and ecosystems may further influence future production patterns.
Top countries in Whole Fresh European Hake Production in Capture Fisheries by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 10,480 | 2023 | +4.84% | +8.07% | View data |
| 2 | 2 Italy | 7,030 | 2023 | +0.43% | -0.94% | View data |
| 3 | 3 Greece | 6,570 | 2023 | +1.32% | +0.2% | View data |
| 4 | 4 Slovenia | 6,000 | 2023 | +5.84% | +0.064% | View data |
| 5 | 5 France | 4,650 | 2023 | -0.72% | +5.18% | View data |
| 6 | 6 Spain | 4,370 | 2023 | -7.59% | +0.99% | View data |
| 7 | 7 Ireland | 4,320 | 2023 | +2.51% | +13.49% | View data |
| 8 | 8 Croatia | 4,030 | 2023 | -3.24% | +0.084% | View data |
| 9 | 9 Portugal | 2,600 | 2023 | -5.8% | +1.56% | View data |
| 10 | 10 Norway | 2,130 | 2021 | View data |