In 2023, Norway led European Total Atlantic Herring production for industrial processing with a value of 551.9 Euros per Metric Ton, followed by Denmark, Iceland, and Sweden. Germany exhibited the highest year-on-year value growth at 27.21% among the countries listed. Norway also showed a significant increase at 8.45%, while Iceland and Sweden recorded moderate increases. Estonia's production value remained stable with no change.
Future trends suggest potential growth in herring demand due to its sustainability and nutritional benefits, encouraging increased production and processing efficiencies. Monitoring technological advancements in the fishery processing industry and changes in policy regulations will be important for future market dynamics.
Top countries in Total Atlantic Herring Production in Capture Fisheries for Industrial Processing by Country
| # | 8 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 551.9 | 2023 | +3.45% | +8.45% | View data |
| 2 | 2 Denmark | 336.22 | 2022 | +26.75% | View data | |
| 3 | 3 Iceland | 281.9 | 2023 | +2.06% | +3.27% | View data |
| 4 | 4 Sweden | 235.74 | 2023 | -3.47% | +4.04% | View data |
| 5 | 5 Estonia | 223.02 | 2023 | +2.44% | View data | |
| 6 | 6 Finland | 202.64 | 2023 | +1.32% | +2.38% | View data |
| 7 | 7 Poland | 197.14 | 2021 | -60.9% | +0.13% | View data |
| 8 | 8 Germany | 121.98 | 2023 | +0.62% | +27.21% | View data |