The 2023 data for European Total Atlantic Cod Production shares by value highlighted that Norway leads with 48.96%, followed by Iceland at 39.18%. The UK, Denmark, and Germany trailed with smaller shares of 5.45%, 1.54%, and 1.51%, respectively. Iceland saw a significant increase of 4.86%, while Denmark and France faced declines of 14.88% and 17.78%. Spain and the Netherlands recorded success with 7.07% and 16.09% growth, respectively. Notably, Belgium experienced the largest drop at 17.95%, and minor shifts were noted in smaller contributors like Estonia, with a 9.98% rise.
Looking ahead, European countries might push for sustainable practices to stabilize cod populations, which could affect production shares. Emphasis on eco-certification and innovations in fishing technology may also impact future trends. Additionally, geopolitical and climate factors, like Brexit and changing sea temperatures, may influence distribution patterns among countries. These elements are key to understanding how production shares could evolve beyond 2024.
Top countries in Total Atlantic Cod Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 48.96 | 2023 | +0.39% | -0.77% | View data |
| 2 | 2 Iceland | 39.18 | 2023 | +3.93% | +4.86% | View data |
| 3 | 3 United Kingdom | 5.45 | 2023 | +3.35% | +3.4% | View data |
| 4 | 4 Denmark | 1.54 | 2023 | -5.7% | -14.88% | View data |
| 5 | 5 Germany | 1.51 | 2023 | -24.88% | -9.93% | View data |
| 6 | 6 Spain | 1.44 | 2023 | -4.44% | +7.07% | View data |
| 7 | 7 Portugal | 0.62 | 2023 | +89.84% | -0.16% | View data |
| 8 | 8 France | 0.56 | 2023 | +12.43% | -17.78% | View data |
| 9 | 9 Netherlands | 0.22 | 2023 | -15.88% | +16.09% | View data |
| 10 | 10 Sweden | 0.071 | 2022 | -11.65% | -32% | View data |
