The European fresh whiting fish production industry in capture fisheries for industrial processing showcases varied economic landscapes by country in 2024. Denmark leads the market with a current price of €364.91 per metric ton, followed by Poland and Sweden. Notably, Germany, despite having the lowest production value, witnessed significant growth of 37.41% in 2023. Sweden and Poland also showed marked increases, whereas Norway experienced a slight decline. Reviewing a five-year period, the compound annual growth rates suggest varied dynamics amid general economic and environmental pressures influencing these trends.
Future trends to watch involve potential impacts of regulatory changes, sustainability practices, and market demand that could reshape production volumes and pricing. Particularly, advancements in industrial processing technology and shifts in consumer preferences towards traceability and eco-friendly approaches will play pivotal roles. Additionally, geopolitical factors and international trade relations could further influence economic viability and production capacity across European nations.
Top countries in Fresh Whiting Fish Production in Capture Fisheries for Industrial Processing by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 364.91 | 2023 | +4.44% | +12.19% | View data |
| 2 | 2 Poland | 322.84 | 2023 | +13.91% | +21.98% | View data |
| 3 | 3 Sweden | 314.63 | 2023 | +8.3% | +25.17% | View data |
| 4 | 4 Norway | 274.78 | 2023 | +0.39% | -0.72% | View data |
| 5 | 5 Ireland | 72.17 | 2021 | View data | ||
| 6 | 6 Germany | 4.02 | 2023 | +239.36% | +37.41% | View data |
