The data reveals that in 2024, Cyprus leads in the production value of cods, hakes, and haddocks for human consumption within European capture fisheries, followed by Germany and Italy. Notably, Lithuania experienced the highest year-on-year percentage increase in 2023, emphasizing its growing prominence in the sector. Conversely, Poland and the Netherlands saw substantial declines. Over the past five years, the compound annual growth rate (CAGR) varies, indicating differing levels of stagnation or growth across countries, with most northern countries showing a positive trend.
Future trends to watch include the impact of regulatory changes in fisheries management and environmental sustainability measures, which may influence production levels and economic value. Additionally, shifts in consumer preferences towards sustainable sourcing could affect demand and drive changes in market dynamics. Countries like Lithuania might continue to see growth, whereas traditional leaders may need innovation and adaptation to sustain competitive advantages.
Top countries in Total Cods, Hakes and Haddocks Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 10,040 | 2023 | +4.98% | +8.06% | View data |
| 2 | 2 Germany | 8,990 | 2023 | +11.4% | +19.75% | View data |
| 3 | 3 Italy | 6,440 | 2023 | -0.2% | +0.85% | View data |
| 4 | 4 Greece | 5,960 | 2023 | -2.89% | +1.81% | View data |
| 5 | 5 Slovenia | 4,870 | 2023 | -8.83% | +8.02% | View data |
| 6 | 6 Lithuania | 3,990 | 2023 | +26.17% | +29.07% | View data |
| 7 | 7 Sweden | 3,910 | 2023 | +10.52% | +15.63% | View data |
| 8 | 8 Croatia | 3,750 | 2023 | -4.44% | +0.65% | View data |
| 9 | 9 Finland | 3,670 | 2023 | -3.35% | +5.15% | View data |
| 10 | 10 United Kingdom | 2,780 | 2023 | +2.26% | +4.12% | View data |
