Iceland, Norway, and Spain lead in the production of frozen flounders, halibuts, and soles in Europe, with respective values of 40.237, 33.876, and 26.318 million euros. Iceland experienced a slight decline of 2.82% in 2023 while Norway saw a reduction of 1.67%. Spain, on the other hand, had a modest increase of 3.29%. Germany suffered a significant decrease of 4.98%, whereas Portugal's production increased sharply by 15.76%. Notably, the Netherlands showed dramatic growth of 226.87%, highlighting its emerging market presence. Italy and the United Kingdom had moderate increases, while Sweden's market jumped 70.73%. France faced a small decline of 2.88%.
Future trends to watch include the Netherlands' rapid growth potentially altering market dynamics, alongside Portugal's continued expansion. Innovations in sustainable fishing methods and evolving consumer preferences towards healthier and more sustainable options may also influence production and market shares. Moreover, environmental regulations and international trade policies will likely play critical roles in shaping the future landscape of the European frozen seafood market.
Top countries in Frozen Flounders, Halibuts and Soles Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 40,237,000 | 2023 | -0.054% | -2.82% | View data |
| 2 | 2 Norway | 33,876,000 | 2023 | +6.39% | -1.67% | View data |
| 3 | 3 Spain | 26,318,000 | 2023 | +7.25% | +3.29% | View data |
| 4 | 4 Germany | 15,756,000 | 2023 | +100.93% | -4.98% | View data |
| 5 | 5 Portugal | 5,661,000 | 2023 | -2.85% | +15.76% | View data |
| 6 | 6 Italy | 654,810 | 2023 | -4.15% | +2.51% | View data |
| 7 | 7 Netherlands | 245,670 | 2023 | +88.69% | +226.87% | View data |
| 8 | 8 United Kingdom | 94,350 | 2023 | +3.55% | +6.28% | View data |
| 9 | 9 Sweden | 18,760 | 2023 | +6.33% | +70.73% | View data |
| 10 | 10 France | 8,530 | 2023 | -95.24% | -2.88% | View data |
