In 2023, Norway dominated the European Total Atlantic Halibut Production in Capture Fisheries, commanding a substantial share of 75.23%, with the United Kingdom trailing at 11.92%. While Norway and the UK witnessed growth rates of 4.11% and 3.08%, respectively, key players like Denmark and Iceland experienced declines of 6.89% and 10.08%. Notably, Belgium saw a significant drop of 13.52%. Over the last five years, the industry has been marked by volatile trends, with fluctuating demand and variable production patterns.
Heading into the future, factors to watch include:
- Norway's continuing dominance and potential expansion in market share.
- The impact of environmental regulations on capture fisheries and their economic viability.
- Research into sustainable capture practices to ensure long-term growth and market sustainability.
Top countries in Total Atlantic Halibut Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 75.23 | 2023 | +13.26% | +4.11% | View data |
| 2 | 2 United Kingdom | 11.92 | 2023 | +2.56% | +3.08% | View data |
| 3 | 3 Denmark | 6.44 | 2023 | -3.43% | -6.89% | View data |
| 4 | 4 Spain | 2.66 | 2023 | +52.01% | -0.8% | View data |
| 5 | 5 Portugal | 1.27 | 2023 | -5.05% | -2.76% | View data |
| 6 | 6 Iceland | 0.87 | 2023 | -26.22% | -10.08% | View data |
| 7 | 7 Netherlands | 0.41 | 2023 | +47.77% | +1.59% | View data |
| 8 | 8 Sweden | 0.16 | 2023 | +7.69% | -0.83% | View data |
| 9 | 9 Germany | 0.11 | 2023 | +479.65% | -4.45% | View data |
| 10 | 10 France | 0.063 | 2022 | +1010% | +24.49% | View data |
