In 2023, Norway led European fresh finfish production in capture fisheries with a strong value of 1.432 billion Euros, showing a healthy year-on-year growth of 1.85%. Iceland and Portugal experienced significant growth at 1.15% and 3.95%, respectively. Conversely, several countries, including Germany (-30.03%) and Sweden (-28.52%), saw sharp declines. Spain, Italy, and the Netherlands faced notable contractions of -2.42%, -3.13%, and -12.11%, respectively. Over the last five years, traditional fishing nations like Norway maintained steady performance, but others struggled.
Future trends in European fresh finfish production may involve advancements in sustainable practices and technology adoption to meet environmental regulations. The continued rise or recovery of production in countries like Norway and Iceland is expected, while there will be growing attention on overcoming challenges faced by nations losing ground, like Germany and Sweden. Monitoring climate change impact and evolving consumer preferences will also play significant roles in shaping the industry landscape.
Top countries in Fresh Finfish Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 1,432,000,000 | 2023 | +1.66% | +1.85% | View data |
| 2 | 2 Iceland | 804,380,000 | 2023 | +1.76% | +1.15% | View data |
| 3 | 3 Spain | 742,170,000 | 2023 | -2.17% | -2.42% | View data |
| 4 | 4 United Kingdom | 535,270,000 | 2023 | +0.84% | +0.65% | View data |
| 5 | 5 France | 530,020,000 | 2023 | -2.78% | -0.24% | View data |
| 6 | 6 Italy | 393,050,000 | 2023 | +2.39% | -3.13% | View data |
| 7 | 7 Denmark | 373,700,000 | 2022 | +7.3% | View data | |
| 8 | 8 Portugal | 220,850,000 | 2023 | +11.63% | +3.95% | View data |
| 9 | 9 Greece | 191,030,000 | 2023 | +0.37% | -0.024% | View data |
| 10 | 10 Netherlands | 116,400,000 | 2023 | -35.56% | -12.11% | View data |
