In 2023, Norway dominated European production of frozen, gutted, and headed haddock capture fisheries with a value of 111.71 million euros, significantly surpassing other countries. Iceland followed with 0.38 million euros, experiencing a notable year-on-year increase of 44.41%. Germany and Portugal had minor contributions with values of 0.06006 and 0.03117 million euros, respectively, while both countries saw year-on-year changes of 88.58% and -0.44%. Over the past five years, trends show Norway maintaining a leading position with moderate annual growth, while Iceland exhibits volatility but an upward trajectory, and Germany shows sporadic, high growth from a low base.
Future trends to watch include how Norway will continue to leverage its strong position amidst evolving environmental regulations and sustainability demands. Iceland's growth potential hinges on stabilizing its trajectory to capitalize on emerging market opportunities. Close attention to Germany's investments could signal whether its recent surge is sustainable or fluctuating. Further, shifts in consumer preferences and technological advancements could reshape the landscape, influencing production strategies across Europe's fisheries.
Top countries in Frozen, Gutted and Headed Haddock Production in Capture Fisheries by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 111,710,000 | 2023 | +7.26% | +0.62% | View data |
| 2 | 2 Iceland | 380,090 | 2023 | +50.45% | +44.41% | View data |
| 3 | 3 Germany | 60,060 | 2023 | +32.25% | +88.58% | View data |
| 4 | 4 Portugal | 31,170 | 2023 | -42.95% | -0.44% | View data |
| 5 | 5 Spain | 22,240 | 2022 | -8.17% | +16.32% | View data |
