In 2023, Norway led European gutted fresh hake production, with an average value of 4.4 thousand euros per metric ton, experiencing a notable year-on-year increase of 16.9%. Sweden and Spain followed closely at 4.34 and 4.19, respectively. The market saw mixed trends, with notable decreases in the UK at -0.14% and significant growth in the Netherlands at 33.46%. Over the last 5 years, the overall compound annual growth rate (CAGR) suggests a gradual increase in value across the board.
Future trends to watch include innovative fishing technologies, sustainability practices impacting capture methods, and shifting consumer preferences towards sustainable sourced products. Monitoring regulatory changes in fishery policies could greatly impact production levels across European countries.
Top countries in Gutted Fresh European Hake Production in Capture Fisheries by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 4,400 | 2023 | +12.32% | +16.9% | View data |
| 2 | 2 Sweden | 4,340 | 2023 | +1.41% | +2.86% | View data |
| 3 | 3 Spain | 4,190 | 2023 | +1.58% | +0.3% | View data |
| 4 | 4 Denmark | 3,760 | 2023 | +5.22% | +5.75% | View data |
| 5 | 5 Ireland | 3,720 | 2023 | +3.94% | +3.99% | View data |
| 6 | 6 France | 3,430 | 2023 | +0.39% | +3.25% | View data |
| 7 | 7 United Kingdom | 2,720 | 2023 | -1.53% | -0.14% | View data |
| 8 | 8 Germany | 2,470 | 2023 | -17.67% | +5.62% | View data |
| 9 | 9 Belgium | 2,130 | 2023 | -17.85% | +0.31% | View data |
| 10 | 10 Netherlands | 2,040 | 2023 | -15.9% | +33.46% | View data |
