In 2023, Norway marked a slight increase of 4.41% in the value of fresh blue whiting poutassou for industrial processing, reflecting robust pricing compared to regional counterparts. Despite a substantial 171.46% surge in value, Sweden's smaller volume doesn't yet match Norway's stature. Iceland saw a modest 2.9% rise in valuation. By contrast, Denmark and Ireland showed no noted year-on-year variations, indicating pricing stability. The five-year compound annual growth rate reveals consistent growth in Norway and volatility in Sweden, highlighting diverse dynamics within the region.
Future trends to monitor include potential market price fluctuations driven by changes in marine policy, technological advancements in processing, and consumer demand shifts across Europe. These factors will likely influence competitive positioning and output volume in major producing countries.
Top countries in Fresh Blue Whiting Poutassou Production in Capture Fisheries for Industrial Processing by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 275.83 | 2023 | +2.14% | +4.41% | View data |
| 2 | 2 Denmark | 261.04 | 2022 | +16.47% | View data | |
| 3 | 3 Ireland | 232.62 | 2022 | View data | ||
| 4 | 4 Iceland | 200.74 | 2023 | +1.7% | +2.9% | View data |
| 5 | 5 Sweden | 143.69 | 2023 | +0.17% | +171.46% | View data |