The 2024 forecast for European gutted frozen Atlantic cod production in capture fisheries reveals Spain leading with a value of 4.1 thousand euros per metric ton, followed by the UK, Germany, Norway, and the Netherlands. In 2023, Spain experienced a notable 10.4% growth, while the UK and Germany saw increases of 3.95% and 1.91%, respectively. Conversely, Norway saw a decline of 8.61%. The five-year CAGR indicates consistent, albeit varied, growth across these countries, with Norway's decline standing out.
Future trends to monitor include:
- Potential recovery in Norway's production value.
- Spain maintaining its current lead in production value.
- The impact of environmental changes and regulations on production levels.
- Market demand fluctuations for gutted frozen Atlantic cod.
Top countries in Gutted Frozen Atlantic Cod Production in Capture Fisheries by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 4,100 | 2023 | +2.8% | +10.4% | View data |
| 2 | 2 United Kingdom | 3,550 | 2023 | +1.24% | +3.95% | View data |
| 3 | 3 Germany | 3,130 | 2023 | +2.45% | +1.91% | View data |
| 4 | 4 Norway | 2,100 | 2023 | -1.39% | -8.61% | View data |
| 5 | 5 Netherlands | 880 | 2021 | +34.35% | +6.79% | View data |
