Norway leads the European sold production of frozen fish, with a substantial value of 808.09 million Euros. Portugal and Spain follow, each exceeding 300 million Euros. Iceland and Italy also show strong figures above 250 million Euros. Notably, Germany witnessed a significant growth rate of 30.14% in 2023, contrasting with Denmark's sharp decline of 24.46%. Sweden showed a healthy increase of 9.53%, while Italy experienced a notable surge of 22.03%. Conversely, the United Kingdom, Latvia, and Lithuania faced negative growth rates. Long-term trends show a diverse landscape with varying growth rates across countries.
Future trends to watch include the continued market leadership of Norway, potential recovery strategies for countries with negative growth, and potential impacts of environmental factors and regulatory changes on production levels across Europe. Cross-country collaborations and sustainable fishing practices could play a significant role in shaping the market dynamics.
Top countries in Sold Production of Frozen Fish by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 808,090,000 | 2023 | -0.64% | +2.59% | View data |
| 2 | 2 Portugal | 440,230,000 | 2023 | +8.24% | +3.46% | View data |
| 3 | 3 Spain | 361,740,000 | 2023 | +2.48% | +2.12% | View data |
| 4 | 4 Iceland | 294,500,000 | 2023 | +9.65% | +2.12% | View data |
| 5 | 5 Italy | 251,280,000 | 2023 | +5.77% | +22.03% | View data |
| 6 | 6 Poland | 214,360,000 | 2023 | +6% | +3% | View data |
| 7 | 7 Ireland | 183,520,000 | 2023 | +6.04% | +1.2% | View data |
| 8 | 8 United Kingdom | 77,045,000 | 2023 | -8.07% | -3.64% | View data |
| 9 | 9 Netherlands | 76,033,000 | 2023 | +0.63% | +3.94% | View data |
| 10 | 10 France | 43,441,000 | 2023 | +3.26% | +0.34% | View data |