In 2023, Norway led the European market in whole fresh herrings, sardines, and anchovies production with a significant share of 47.62%, marking a year-on-year increase of 14.06%. Other notable players include Spain and Italy, with Spain experiencing a slight decline of 1.85%, while Italy saw a modest increase of 1.08%. France and Croatia experienced declines of 6.1% and 3.47%, respectively. Portugal, Estonia, and Iceland showed positive growth patterns, enhancing their market presence. Meanwhile, Sweden and Germany faced notable contractions of 14.65% and 29.1%, respectively.
Future trends to watch include Norway's continued dominance and potential market shifts influenced by economic and environmental factors. The resilience of smaller markets like Estonia and Latvia suggests potential growth opportunities. Given the mixed performance of the leading countries, strategic adaptation to capture fisheries and environmental policies will be crucial in shaping the European share.
Top countries in Whole Fresh Herrings, Sardines, Anchovies Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 47.62 | 2023 | +8.18% | +14.06% | View data |
| 2 | 2 Spain | 12.94 | 2023 | -2.63% | -1.85% | View data |
| 3 | 3 Italy | 10.66 | 2023 | +0.9% | +1.08% | View data |
| 4 | 4 Portugal | 4.51 | 2023 | +3.72% | +5.1% | View data |
| 5 | 5 Greece | 4.09 | 2023 | +2.12% | -0.57% | View data |
| 6 | 6 United Kingdom | 2.89 | 2023 | +1.58% | +1.38% | View data |
| 7 | 7 Croatia | 2.8 | 2023 | -25.1% | -3.47% | View data |
| 8 | 8 France | 2.46 | 2023 | -5.84% | -6.1% | View data |
| 9 | 9 Poland | 2.21 | 2023 | +5.82% | -0.33% | View data |
| 10 | 10 Latvia | 2.12 | 2023 | -1.12% | +1.61% | View data |
