Norway leads European sold production of fishing and fish factory vessels, valued at 197.18 million Euros in 2023, despite a slight decline of 0.14% year-on-year. Spain follows with 175.93 million Euros, experiencing a modest increase of 3.8%. Noteworthy growth was observed in Romania and Croatia, with year-on-year increases of 37.02% and 11.05%, respectively. The United Kingdom also saw a significant rise of 10.01%. Conversely, France experienced an 8.86% decline, and Portugal saw an 18.05% drop. Poland remained steady with no change.
Future trends to watch include:
- The potential for technological advancements driving efficiency and production in nations like Norway and Spain.
- The impact of environmental regulations and sustainability initiatives across Europe that could influence production decisions.
- Geopolitical and economic factors affecting intra-European trade and production capabilities.
- Emerging markets and increasing demand within Eastern European countries like Romania and Poland, which might shift production locales or strategies.
Top countries in Sold Production of Fishing Vessels and Fish Factory Vessels by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 197,180,000 | 2023 | +17% | -0.14% | View data |
| 2 | 2 Spain | 175,930,000 | 2023 | +10.81% | +0.038% | View data |
| 3 | 3 Poland | 31,970,000 | 2023 | +7.47% | View data | |
| 4 | 4 United Kingdom | 31,765,000 | 2023 | +4.57% | +10.01% | View data |
| 5 | 5 Romania | 28,459,000 | 2023 | +7.33% | +37.02% | View data |
| 6 | 6 Croatia | 26,943,000 | 2023 | +5.15% | +11.05% | View data |
| 7 | 7 France | 18,717,000 | 2023 | +3.57% | -8.86% | View data |
| 8 | 8 Portugal | 2,717,100 | 2023 | -6.86% | -18.05% | View data |
