In 2023, France led European frozen whiting fish production in capture fisheries, with the United Kingdom closely following. Despite minor growth, Iceland maintained its position above Norway and the Netherlands, while Germany exhibited significant growth of 54.54% year-on-year. Other countries showed modest growth or decline, with the Netherlands experiencing a 2.95% decrease. Over a five-year period, the compound annual growth rate was mixed, reflecting varying market dynamics and industry conditions.
Future trends to watch include:
- Potential increased production efficiency in top-producing countries, especially France and the UK.
- Investment in sustainable fishing practices as environmental concerns rise.
- Impact of Brexit adjustments on the UK and EU trade dynamics.
- Fluctuations in demand driven by market changes and consumer preferences.
- Technological advancements in fishing and processing methods influencing production volumes.
Top countries in Frozen Whiting Fish Production in Capture Fisheries by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,910 | 2022 | View data | ||
| 2 | 2 United Kingdom | 1,780 | 2023 | +4.7% | +8.91% | View data |
| 3 | 3 Iceland | 879.36 | 2023 | +4.93% | +3.52% | View data |
| 4 | 4 Norway | 671.55 | 2023 | +7.73% | +3.51% | View data |
| 5 | 5 Netherlands | 437.28 | 2023 | +355.69% | -2.95% | View data |
| 6 | 6 Germany | 108.63 | 2023 | -70.2% | +54.54% | View data |