In 2023, Iceland led European frozen flounder, halibut, and sole production with a 35.97% share, though it faced a slight decline of 3.69% year-on-year. Norway followed closely at 31%, also declining by 1.67%. Spain was third at 24.09%, showing a positive growth of 3.29%. Notably, Portugal experienced significant growth at 15.76%, contrasting with Germany’s 19.35% decline. Smaller markets like the Netherlands saw over 200% growth, albeit from a very low base, underscoring volatility in minor markets. The CAGR over the last five years indicates fluctuating but generally stable production across major countries.
Looking ahead, continued demand for sustainable seafood may spur innovation and investment in capture methods. With recovery from pandemic impacts, emerging markets like Portugal might increase their market share, while established leaders stabilize production amid regulatory changes and sustainability goals.
Top countries in Frozen Flounders, Halibuts and Soles Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 35.97 | 2023 | -0.26% | -3.69% | View data |
| 2 | 2 Norway | 31 | 2023 | +6.39% | -1.67% | View data |
| 3 | 3 Spain | 24.09 | 2023 | +7.25% | +3.29% | View data |
| 4 | 4 Portugal | 5.18 | 2023 | -2.85% | +15.76% | View data |
| 5 | 5 Germany | 2.87 | 2023 | -3.99% | -19.35% | View data |
| 6 | 6 Italy | 0.6 | 2023 | -4.15% | +2.51% | View data |
| 7 | 7 Netherlands | 0.22 | 2023 | +88.69% | +226.87% | View data |
| 8 | 8 United Kingdom | 0.044 | 2023 | +0.8% | +2.56% | View data |
| 9 | 9 Sweden | 0.017 | 2023 | +6.32% | +70.73% | View data |
| 10 | 10 France | 0.008 | 2023 | -95.24% | -2.88% | View data |
