In 2023, Poland leads the European sprat production market with a substantial share of 34.42% in value, followed by Latvia and Estonia at 29.34% and 14.42%, respectively. Denmark experienced a remarkable growth rate of 197.88% year-on-year, whereas Sweden witnessed a significant decline of 29.4%. Notably, Malta and Lithuania demonstrated strong improvements, while Slovenia faced a complete drop in production share. The overall market showed mixed trends with some countries strengthening their positions while others experienced contractions.
Looking ahead, the European sprat production market may witness shifts driven by technological advancements in fisheries, climate change impacts, and regulatory changes influencing capture quotas. Close monitoring of these factors, alongside economic fluctuations, remain crucial for understanding future dynamics in sprat production across European countries.
Top countries in Total European Sprat Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 34.42 | 2023 | +3.12% | +6.13% | View data |
| 2 | 2 Latvia | 29.34 | 2023 | -1.87% | +1.43% | View data |
| 3 | 3 Estonia | 14.42 | 2023 | +2.13% | +1.73% | View data |
| 4 | 4 Denmark | 7.43 | 2023 | +60.99% | +197.88% | View data |
| 5 | 5 Norway | 3.75 | 2023 | +8.97% | +6.65% | View data |
| 6 | 6 Bulgaria | 2.64 | 2023 | +39.2% | -12.51% | View data |
| 7 | 7 Ireland | 1.89 | 2022 | -22.83% | -2.49% | View data |
| 8 | 8 Germany | 1.7 | 2023 | +31.2% | +14.23% | View data |
| 9 | 9 Sweden | 1.62 | 2023 | -40.22% | -29.4% | View data |
| 10 | 10 United Kingdom | 1.01 | 2023 | -8% | -6.12% | View data |
