Iceland leads European fresh cod, hake, and haddock production, representing 38.63% of the market. Norway follows at 26.04%, despite a 5.82% decrease in 2023. Spain and France reduced shares by 4.31% and 5.05%, while the UK saw a marginal increase of 0.39%. Significant growth occurred in smaller markets, with Bulgaria increasing by 59.63% and Estonia by 8.94%. Generally, larger markets faced declines, reflecting industry challenges.
Future trends to watch include advancements in sustainable fishing practices and regulatory impacts on quotas, which could further shift market shares. Economic conditions may affect consumption and investment in this sector.
Top countries in Fresh Cods, Hakes and Haddocks Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 38.63 | 2023 | +2.6% | +3.19% | View data |
| 2 | 2 Norway | 26.04 | 2023 | +0.27% | -5.82% | View data |
| 3 | 3 Spain | 13 | 2023 | +3.86% | -4.31% | View data |
| 4 | 4 France | 6.13 | 2023 | -2.41% | -5.05% | View data |
| 5 | 5 Denmark | 5.64 | 2023 | +11.89% | -3.1% | View data |
| 6 | 6 Italy | 3.4 | 2023 | +3.58% | -4.18% | View data |
| 7 | 7 United Kingdom | 3.24 | 2023 | +0.0031% | +0.39% | View data |
| 8 | 8 Greece | 1.92 | 2023 | -0.47% | +0.088% | View data |
| 9 | 9 Portugal | 0.62 | 2023 | -20.38% | -1.11% | View data |
| 10 | 10 Netherlands | 0.38 | 2022 | +16.21% | +7.5% | View data |
