The European frozen aquatic animals production in capture fisheries shows Spain as the leader in 2023, with a significant market share, followed by Norway and Iceland. Notably, countries like Portugal and the United Kingdom experienced double-digit growth rates in the previous year, while Germany, Italy, and Sweden saw declines. France showed an impressive recovery with a substantial increase from its prior year share. The five-year compounded annual growth rate indicates a varied performance among countries, with several displaying a consistent positive upward trend.
Future trends to watch in European frozen aquatic animals production include increased technological innovation and sustainability initiatives. This will likely drive growth in countries focusing on eco-friendly practices and technological advancements. Additionally, evolving consumer preferences toward sustainable seafood may alter market dynamics, impacting future country shares in this sector.
Top countries in Frozen Aquatic Animals Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 40.7 | 2023 | -5.5% | +3.9% | View data |
| 2 | 2 Norway | 30.89 | 2023 | +6.15% | +3.5% | View data |
| 3 | 3 Iceland | 11.46 | 2023 | +2.2% | +3.47% | View data |
| 4 | 4 Netherlands | 9.3 | 2023 | +41.17% | -1.65% | View data |
| 5 | 5 Germany | 2.25 | 2023 | +5.74% | -6.32% | View data |
| 6 | 6 Portugal | 2.04 | 2023 | -0.94% | +11.4% | View data |
| 7 | 7 Italy | 2.03 | 2023 | +26.9% | -4.07% | View data |
| 8 | 8 United Kingdom | 0.89 | 2023 | +4.88% | +12.79% | View data |
| 9 | 9 France | 0.19 | 2023 | -69.68% | +184.38% | View data |
| 10 | 10 Denmark | 0.14 | 2023 | +3.96% | +36.73% | View data |