Iceland dominates the European Whole Fresh Atlantic Cod market with a near-complete share of 99.49% as of 2023. This reflects its robust capture fisheries system and reliance on the Atlantic cod. Significantly smaller shares are held by France (0.93%) and Norway (0.29%). In 2023, Iceland continued its growth trend with a positive year-on-year variation of 4.03%, whereas France suffered a steep decline of over 40%, emphasizing its reduced role. Conversely, Germany showed a substantial increase of 73.68%, though it remains a minor player in overall market share.
Looking forward, although Iceland's share is overwhelming, the increased focus on sustainable fishing practices and potential shifts in quotas could redistribute shares slightly among countries. Small but persistent growth in countries like Germany and Ireland suggests an emerging slight diversification in market share within the European cod fishing industry.
Top countries in Whole Fresh Atlantic Cod Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 99.49 | 2023 | +3.55% | +4.03% | View data |
| 2 | 2 France | 0.93 | 2023 | +4090% | -40.27% | View data |
| 3 | 3 Norway | 0.29 | 2021 | -99.64% | -67.29% | View data |
| 4 | 4 Spain | 0.063 | 2023 | +185.93% | -9.8% | View data |
| 5 | 5 Germany | 0.023 | 2023 | +29590% | +73.68% | View data |
| 6 | 6 Poland | 0.017 | 2022 | +477.34% | -18.66% | View data |
| 7 | 7 Ireland | 0.015 | 2023 | -51.78% | +20.74% | View data |
| 8 | 8 United Kingdom | 0.008 | 2023 | -1.74% | -3.46% | View data |
| 9 | 9 Lithuania | 0.003 | 2023 | +123.42% | -41.09% | View data |
| 10 | 10 Sweden | 0.002 | 2022 | +443.27% | +1.62% | View data |
