The European frozen European hake production in capture fisheries showed varied trends among key countries in 2023. Italy led with significant growth at 33.5%, indicating a strengthening position. Norway showed moderate growth at 2.54%, while Spain and the UK both experienced declines, with the UK seeing a substantial drop of 20.72%. The Netherlands and Germany saw minor decreases of 0.62% and 4.35%, respectively. Over a five-year span, Italy’s growth trajectory significantly outpaces other nations, highlighting its increasing market influence.
Future trends to watch for include the potential impacts of sustainability regulations, technological advancements in fishing, and shifts in consumer preferences that may influence the European frozen hake market. Observing how countries adapt to these developments will be crucial for understanding long-term production dynamics.
Top countries in Frozen European Hake Production in Capture Fisheries by Country
| # | 8 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 6,420 | 2023 | +7.07% | +33.5% | View data |
| 2 | 2 France | 3,920 | 2022 | +26.48% | View data | |
| 3 | 3 Portugal | 3,180 | 2021 | +3.92% | View data | |
| 4 | 4 Norway | 1,860 | 2023 | +6.88% | +2.54% | View data |
| 5 | 5 Spain | 1,430 | 2023 | -13.73% | -1.86% | View data |
| 6 | 6 United Kingdom | 517.13 | 2023 | -9.3% | -20.72% | View data |
| 7 | 7 Netherlands | 491.72 | 2023 | +22.12% | -0.62% | View data |
| 8 | 8 Germany | 436.1 | 2023 | -1.16% | -4.35% | View data |
