The European whole fresh hake capture fisheries in 2023 featured Spain leading at approximately €47.8 million, followed closely by Italy with €44.3 million, while Greece contributed €26.2 million. All countries mostly experienced either minor reductions or growths, except Sweden, which declined significantly by 34.5%. Notable increases were observed in Ireland, Cyprus, and Slovenia with year-on-year variations of 49.7%, 12.6%, and 11.3%, respectively. While Spain and Italy faced downward trends, Croatia and Portugal showed growth in their production values.
Future trends in European hake fisheries may see continued moderate growth influenced by sustainable practices, technology enhancements in capture efficiency, and shifting consumer preferences towards sustainably sourced seafood. Monitoring regulatory changes and international market conditions can provide insights into potential fluctuations in production value and volume.
Top countries in Whole Fresh European Hake Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 47,811,000 | 2023 | +3.05% | -6.57% | View data |
| 2 | 2 Italy | 44,297,000 | 2023 | +0.82% | -3.8% | View data |
| 3 | 3 Greece | 26,195,000 | 2023 | -2.93% | -0.027% | View data |
| 4 | 4 France | 7,149,700 | 2023 | +9.66% | -1.32% | View data |
| 5 | 5 Croatia | 4,558,400 | 2023 | -6.99% | +2.83% | View data |
| 6 | 6 Portugal | 2,578,000 | 2023 | +8.07% | +0.066% | View data |
| 7 | 7 Ireland | 548,360 | 2023 | +6.2% | +49.66% | View data |
| 8 | 8 Cyprus | 27,450 | 2023 | +3.33% | +12.56% | View data |
| 9 | 9 Slovenia | 22,420 | 2023 | +9.88% | +11.25% | View data |
| 10 | 10 Norway | 5,740 | 2021 | +5110% | View data |