The European seafood processing industry shows diversity in turnover share by country, with Norway leading at 18.69 million euros, followed by Spain and France. Notable growth was seen in Poland, Estonia, and Hungary. Despite a minor contraction, Denmark remains a vital player. Germany and Italy saw modest gains, whereas Ireland and Iceland experienced slight declines. While fluctuations are apparent, overall industry growth is steady, characterized by a positive five-year CAGR.
Future trends to watch include:
- Continued Norwegian dominance, with technological advancements enhancing processing efficiency.
- Potential growth in Eastern European countries driven by innovation and investments.
- Impact of sustainability practices becoming increasingly significant across the continent.
Top countries in Seafood Processing Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 18.69 | 2023 | +3.6% | +5% | View data |
| 2 | 2 Spain | 16.95 | 2023 | +3.04% | +2.97% | View data |
| 3 | 3 France | 11.75 | 2023 | +2.86% | +2.44% | View data |
| 4 | 4 Poland | 9.08 | 2023 | +4.33% | +5.28% | View data |
| 5 | 5 United Kingdom | 7.37 | 2023 | -0.015% | +0.17% | View data |
| 6 | 6 Germany | 6.68 | 2023 | +1.13% | +1.56% | View data |
| 7 | 7 Italy | 6.59 | 2023 | +1.72% | +1.89% | View data |
| 8 | 8 Denmark | 4.29 | 2023 | -8.52% | -6.98% | View data |
| 9 | 9 Iceland | 3.2 | 2023 | -0.45% | -2.11% | View data |
| 10 | 10 Portugal | 3.03 | 2023 | +1.32% | +0.43% | View data |
