In 2023, Norway led European total Atlantic herring production for industrial processing, contributing significantly with a value of 34.15 million Euros, marking a 9.84% growth from the previous year. Finland, with an 8.4484 million Euros output, saw a decline of 11.99%. Denmark, Iceland, and Sweden had comparable outputs, with Iceland declining by 6.94% and Sweden increasing by 5.98%. Estonia's production stagnated while Germany experienced a notable surge of 241.99%. Over the past five years, the compound average growth rate has varied, reflecting diverse trends in each country.
Future trends to watch include potential growth in herring production driven by technological advancements and sustainable fishing practices. Monitoring Norway's continued dominance and Germany's rapid growth will be insightful, alongside the effects of environmental regulations and market demands on the European fisheries sector.
Top countries in Total Atlantic Herring Production in Capture Fisheries for Industrial Processing by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 34,150,000 | 2023 | +12.81% | +9.84% | View data |
| 2 | 2 Finland | 8,448,400 | 2023 | +3.21% | -11.99% | View data |
| 3 | 3 Denmark | 6,590,800 | 2022 | -41.45% | View data | |
| 4 | 4 Iceland | 4,781,400 | 2023 | +7.31% | -6.94% | View data |
| 5 | 5 Sweden | 3,100,100 | 2023 | -22.07% | +5.98% | View data |
| 6 | 6 Estonia | 2,515,800 | 2023 | +33.12% | View data | |
| 7 | 7 Germany | 112,450 | 2023 | +0.45% | +241.99% | View data |
| 8 | 8 Poland | 1,560 | 2021 | -96.36% | -19.38% | View data |
