In 2023, Norway dominated European fresh Atlantic halibut production in capture fisheries for human consumption, valued at 12.924 million Euros, with Denmark and the United Kingdom significantly trailing behind. Norway experienced a 3.99% year-on-year increase while Denmark saw a decline of 6.89%. The United Kingdom’s production grew by 5.33%. Iceland had a minor increase of 0.17%, whereas Belgium and Germany witnessed decreases of 13.52% and 20.94%, respectively. The Compound Annual Growth Rate (CAGR) over the last five years indicates varied trends across countries, with notable stability in Norway's leadership.
Future trends to watch include:
- Norway's continued investment in sustainable practices, potentially increasing production dominance.
- Potential recovery efforts by Denmark to counteract recent declines.
- Increasing emphasis on aquaculture as a buffer against capture fisheries' variability across Europe.
- Monitoring the impact of environmental regulations and climate change on halibut stock availability.
Top countries in Fresh Atlantic Halibut Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 12,924,000 | 2023 | +12.13% | +3.99% | View data |
| 2 | 2 Denmark | 1,259,000 | 2023 | -3.43% | -6.89% | View data |
| 3 | 3 United Kingdom | 573,520 | 2023 | +4.76% | +5.33% | View data |
| 4 | 4 Iceland | 290,260 | 2023 | -5.56% | +0.17% | View data |
| 5 | 5 Netherlands | 78,360 | 2023 | +58.12% | +1.15% | View data |
| 6 | 6 Sweden | 31,720 | 2023 | +8.52% | -0.83% | View data |
| 7 | 7 France | 16,140 | 2023 | +135.64% | +8.34% | View data |
| 8 | 8 Belgium | 11,210 | 2023 | -21.91% | -13.52% | View data |
| 9 | 9 Ireland | 1,080 | 2021 | -57.41% | +8.69% | View data |
| 10 | 10 Spain | 769.68 | 2022 | -100% | View data |
