Norway leads European Fresh Greenland Halibut production for human consumption with a value of 31.983 million Euros in 2023, followed by Iceland at 13.251 million Euros. Smaller producers include Denmark, the Netherlands, France, the United Kingdom, and Spain. In 2023, year-on-year production increased in Norway by 6.51% and Iceland by 3.68%, while France and the United Kingdom saw declines of 36.48% and 20.56% respectively. Over the past five years, Norway and Iceland showed strong growth, indicating robust demand for Greenland Halibut in these markets.
Future trends to watch include:
- Increasing demand for sustainable and responsibly sourced seafood could further benefit Norwegian and Icelandic producers.
- Potential market expansion into other European countries could provide additional growth opportunities.
- Regulations and environmental considerations may impact production dynamics and necessitate adaptation strategies.
Top countries in Fresh Greenland Halibut Production in Capture Fisheries for Human Consumption by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 31,983,000 | 2023 | +13.84% | +6.51% | View data |
| 2 | 2 Iceland | 13,251,000 | 2023 | +22.99% | +3.68% | View data |
| 3 | 3 Denmark | 32,440 | 2021 | -44.18% | View data | |
| 4 | 4 Netherlands | 18,340 | 2023 | +1590% | +0.79% | View data |
| 5 | 5 France | 14,300 | 2023 | -41.48% | -36.48% | View data |
| 6 | 6 United Kingdom | 190.89 | 2023 | +1.82% | -20.56% | View data |
| 7 | 7 Spain | 28.31 | 2021 | -90.96% | View data |
