In 2023, Norway dominated European Total Tusk Cusk production in capture fisheries with a value of €14.934 million, followed by Iceland at €2.1053 million. Other contributing countries included the UK, Denmark, and France, while Spain and Germany recorded notable growth rates of 24.49% and 13.4%, respectively. Norway and Iceland displayed steady growth, increasing by 3.87% and 6.53%. The Netherlands saw a substantial rise of 77.75%, although from a low base, whereas Sweden experienced a sharp decline. The UK's production saw a slight decrease by 1.87%, emphasizing regional variation in performance across major players.
Future trends to watch include the potential impact of sustainable fishing practices on production levels, shifts in consumer demand towards sustainable fish sources, and the impact of regulatory changes within the EU affecting catch quotas. Norway and Iceland's continued leadership, as well as the potential growth of smaller markets like the Netherlands, will be key areas to monitor.
Top countries in Total Tusk Cusk Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 14,934,000 | 2023 | +5.08% | +3.87% | View data |
| 2 | 2 Iceland | 2,105,300 | 2023 | +11.39% | +6.53% | View data |
| 3 | 3 United Kingdom | 232,530 | 2023 | -4.34% | -1.87% | View data |
| 4 | 4 Denmark | 115,530 | 2023 | -4.81% | +0.84% | View data |
| 5 | 5 France | 32,990 | 2023 | -77.24% | +3.65% | View data |
| 6 | 6 Spain | 5,850 | 2023 | +155.8% | +24.49% | View data |
| 7 | 7 Germany | 972.13 | 2023 | +64.91% | +13.4% | View data |
| 8 | 8 Netherlands | 238.99 | 2023 | +116.25% | +77.75% | View data |
| 9 | 9 Sweden | 169.88 | 2023 | -90.85% | -41.49% | View data |
| 10 | 10 Belgium | 66.6 | 2022 | +69.47% | -12.29% | View data |
