In 2023, France led European herring, sardine, and anchovy production valued at 981.48 EUR/MT. Following France were Norway (545.94 EUR/MT), Denmark, Iceland, and Poland. Germany experienced the highest year-on-year increase at 35.25%, indicating a potential rise in production focus, whereas Estonia showed no variation from the previous year. Poland and Norway also exhibited significant growth with 13.73% and 9.34% increases, respectively. The five-year CAGR suggests Germany's production grew the fastest, with increases consistently above the average growth rate.
Future trends to watch in European fisheries production for these species include:
- Potential further increases in Germany's production due to strategic developments.
- Continued growth in Norway driven by efficient fisheries management and technological advancements.
- Monitoring of France's market stability as the current leader in production value.
- Focus on environmental impacts and sustainable practices that may influence production outputs.
- Exploration of new markets and trade partnerships that could shift production dynamics across countries.
Top countries in Total Herrings, Sardines, Anchovies Production in Capture Fisheries for Industrial Processing by Country
| # | 9 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 981.48 | 2023 | -0.39% | +0.6% | View data |
| 2 | 2 Norway | 545.94 | 2023 | +3.22% | +9.34% | View data |
| 3 | 3 Denmark | 300.74 | 2022 | +10.3% | View data | |
| 4 | 4 Iceland | 280.8 | 2023 | +1.97% | +3.19% | View data |
| 5 | 5 Poland | 263.4 | 2023 | +3.21% | +13.73% | View data |
| 6 | 6 Sweden | 236.43 | 2023 | +8.87% | +6.59% | View data |
| 7 | 7 Estonia | 227.65 | 2023 | +2.79% | View data | |
| 8 | 8 Finland | 201.81 | 2023 | -1.21% | +2.27% | View data |
| 9 | 9 Germany | 157.03 | 2023 | +0.68% | +35.25% | View data |
