In 2023, Iceland led European Fresh Atlantic Cod production, contributing to 54.19% of the value, with Norway and the United Kingdom following at 34.13% and 8.22%, respectively. Note worthy is Iceland's incremental growth of 4.2%, whereas Norway and Denmark witnessed declines of 6.53% and 14.74%. However, the Netherlands showed a significant increase of 12.82%. Over the last five years, the compound annual growth rate (CAGR) highlights Iceland's steady growth in dominance, while countries like France experienced a steep decline.
Looking ahead, Iceland and Norway may maintain a substantial share, but increased sustainability efforts and policies across Europe could reshape the competitive landscape. Technological advancements and climate change impacts are critical future trends to observe within the capture fisheries sector.
Top countries in Fresh Atlantic Cod Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 54.19 | 2023 | +4.1% | +4.2% | View data |
| 2 | 2 Norway | 34.13 | 2023 | +0.065% | -6.53% | View data |
| 3 | 3 United Kingdom | 8.22 | 2023 | +3.35% | +2.72% | View data |
| 4 | 4 Denmark | 2.52 | 2023 | -4.92% | -14.74% | View data |
| 5 | 5 Netherlands | 0.32 | 2023 | -17.87% | +12.82% | View data |
| 6 | 6 France | 0.28 | 2023 | +60.19% | -35.24% | View data |
| 7 | 7 Sweden | 0.12 | 2022 | -11.63% | -32.07% | View data |
| 8 | 8 Belgium | 0.05 | 2023 | +30.75% | -17.96% | View data |
| 9 | 9 Poland | 0.037 | 2022 | -50.07% | -53.18% | View data |
| 10 | 10 Finland | 0.019 | 2023 | +66.65% | +5.89% | View data |
