In 2023, Spain and Italy dominated European fresh hake production for human consumption, accounting for 36.3% and 33.63% of the market share, respectively. Greece followed with 19.89%, while France and Croatia comprised smaller shares at 5.41% and 3.46%. The remaining countries, including Portugal, Ireland, Cyprus, and Slovenia, contributed to a minor portion of the market. Notable year-on-year changes include a decrease in Spain's and Italy's shares and an increase in Ireland's by 83.17%. Over the past five years, Europe's hake production sector has seen varied growth rates, with shifts in consumption patterns and regional production capabilities influencing trends.
Future trends to watch involve the sustainability of hake fisheries, market demand shifts toward eco-friendly practices, and technological advancements in fishing methods. Attention to these aspects could impact national shares and the overall European market landscape.
Top countries in Whole Fresh European Hake Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 36.3 | 2023 | +3.05% | -6.57% | View data |
| 2 | 2 Italy | 33.63 | 2023 | +0.82% | -3.8% | View data |
| 3 | 3 Greece | 19.89 | 2023 | -2.93% | -0.027% | View data |
| 4 | 4 France | 5.41 | 2023 | +9.27% | -1.38% | View data |
| 5 | 5 Croatia | 3.46 | 2023 | -6.99% | +2.83% | View data |
| 6 | 6 Portugal | 1.96 | 2023 | +7.95% | +0.043% | View data |
| 7 | 7 Ireland | 1.14 | 2023 | +53.96% | +83.17% | View data |
| 8 | 8 Cyprus | 0.021 | 2023 | +3.33% | +12.56% | View data |
| 9 | 9 Slovenia | 0.017 | 2023 | +9.88% | +11.25% | View data |
| 10 | 10 Denmark | 0.005 | 2023 | +28.29% | +41.06% | View data |
