In 2023, Denmark leads European industrial processing with 57 million Euros in the fresh herrings, sardines, and anchovies sector, followed by Norway at 36.64 million Euros. Year-on-year, Norway experienced a 7.71% growth, Germany saw a substantial 348.27% leap, and France increased by 12.2%. Conversely, Finland and Iceland faced declines of -10.3% and -1.0%, respectively. The data indicates a mix of growth and shrinkage across these countries, with varied trends likely driven by changes in demand, regulatory environments, and resource availability.
Looking ahead, countries such as Germany may continue capitalizing on recent gains as others work to address declines. Innovation in processing technology and sustainable fishing practices will be critical to maintaining and enhancing competitive advantage. Monitoring changes in European legislation affecting fisheries and potential shifts in global fish markets will also be crucial for future assessments.
Top countries in Fresh Herrings, Sardines, Anchovies Production in Capture Fisheries for Industrial Processing by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 57,000,000 | 2022 | +6.98% | View data | |
| 2 | 2 Norway | 36,638,000 | 2023 | +12.14% | +7.71% | View data |
| 3 | 3 Finland | 10,197,000 | 2023 | +4.55% | -10.3% | View data |
| 4 | 4 Iceland | 6,514,900 | 2023 | +21.06% | -1% | View data |
| 5 | 5 Estonia | 5,716,100 | 2023 | +25.15% | View data | |
| 6 | 6 Sweden | 2,744,300 | 2023 | -48.63% | +2.1% | View data |
| 7 | 7 Germany | 445,930 | 2023 | +8.59% | +348.27% | View data |
| 8 | 8 France | 283,410 | 2023 | -12.04% | +12.2% | View data |
| 9 | 9 Poland | 2,490 | 2021 | -97.93% | -22.82% | View data |
