In 2023, Norway led the European market in the production of frozen, gutted, and headed finfish for human consumption at 618.37 million euros. This was followed by Spain at 299.25 million euros, and Iceland at 75.05 million euros. Norway and Spain displayed positive growth with year-on-year increases of 1.97% and 5.09%, respectively, while Iceland's production value fell by 5.65%. Portugal showed significant growth at 12.4%. Conversely, Germany and the United Kingdom experienced declines in production valued at 1.36% and 7.42%, respectively. Sweden increased production by 7.3% but remained minor in scale.
Future trends to watch include continued increases in investment and technology improvements, potentially leading to further growth in Norway and Spain. Monitoring the impact of economic conditions and climate change on fish stocks and regulation changes will also be crucial for future production strategies across Europe.
Top countries in Frozen, Gutted and Headed Finfish Production in Capture Fisheries for Human Consumption by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 618,370,000 | 2023 | +6.47% | +1.97% | View data |
| 2 | 2 Spain | 299,250,000 | 2023 | +2.15% | +5.09% | View data |
| 3 | 3 Iceland | 75,050,000 | 2023 | +2.86% | -5.65% | View data |
| 4 | 4 Portugal | 4,621,900 | 2023 | +17.41% | +12.4% | View data |
| 5 | 5 Germany | 1,773,100 | 2023 | +35.22% | -1.36% | View data |
| 6 | 6 France | 876,460 | 2022 | View data | ||
| 7 | 7 United Kingdom | 20,060 | 2023 | +6.16% | -7.42% | View data |
| 8 | 8 Netherlands | 5,270 | 2022 | +7.86% | View data | |
| 9 | 9 Sweden | 1,460 | 2023 | +33.26% | +7.3% | View data |
