In 2023, Spain led the European Processed Fish market with a volume of 470.59 million kilograms, showing a 6.15% increase. Germany and Poland followed, recording volumes of 360.04 and 303.07 million kilograms, with respective growth rates of 2.13% and 2.14%. France, Italy, and the UK had smaller market sizes with France growing by 1.16%, Italy by 2.35%, while the UK decreased by 1.85%. Portugal and Romania saw marginal fluctuations, whereas Estonia decreased slightly by 1.66%. Over the past five years, the Compound Annual Growth Rate (CAGR) demonstrated steady growth in major markets, with some fluctuations in smaller countries.
Future trends to watch include potential growth in Eastern European markets, driven by increasing consumption and production capacities. Sustainability practices and environmental regulations are expected to influence market dynamics, impacting production processes and supply chains. Additionally, the rise of plant-based seafood alternatives may introduce competitive pressures in the traditional processed fish market.
Top countries in Processed Fish (Except Prepared Dishes) Market Size Volume by Country
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 470,590,000 | 2023 | +0.18% | +6.15% | View data |
| 2 | 2 Germany | 360,040,000 | 2023 | +1.36% | +2.13% | View data |
| 3 | 3 Poland | 303,070,000 | 2023 | +2.3% | +2.14% | View data |
| 4 | 4 France | 160,580,000 | 2023 | +0.78% | +1.16% | View data |
| 5 | 5 Italy | 138,960,000 | 2023 | +1.82% | +2.35% | View data |
| 6 | 6 United Kingdom | 107,480,000 | 2023 | -1.54% | -1.85% | View data |
| 7 | 7 Portugal | 48,167,000 | 2023 | +0.15% | -0.077% | View data |
| 8 | 8 Estonia | 12,138,000 | 2023 | -1.45% | -1.66% | View data |
| 9 | 9 Romania | 8,770,000 | 2023 | +0.39% | +0.99% | View data |
