The European hake production in capture fisheries shows diverse trends by country as of 2023. Cyprus leads with the highest value of production per metric ton, seeing a significant 8% increase. Norway, although lower in value, experienced the most substantial growth at roughly 14%. Conversely, Italy and Slovenia saw slight decreases in their production values. The Netherlands recorded the lowest value, yet a stable positive trend with almost 4% growth. Over the previous five-year period, CAGR demonstrates moderate growth trends across Europe, although certain countries like Cyprus and Norway have outpaced others in terms of annual growth rates.
Future trends to watch include innovations in sustainable fishing practices, potential impacts of climate change on hake habitats, and evolving consumer preferences affecting demand. As European countries regulate fishing quotas and invest in marine conservation, we may anticipate variances in production efficiency and output by country.
Top countries in Total European Hake Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 10,480 | 2023 | +4.84% | +8.07% | View data |
| 2 | 2 Italy | 7,030 | 2023 | +0.47% | -0.92% | View data |
| 3 | 3 Greece | 6,620 | 2023 | +2.04% | +0.34% | View data |
| 4 | 4 Slovenia | 6,000 | 2023 | +5.84% | +0.064% | View data |
| 5 | 5 Sweden | 4,340 | 2023 | +1.33% | +2.88% | View data |
| 6 | 6 Spain | 4,250 | 2023 | -0.61% | +0.52% | View data |
| 7 | 7 Croatia | 4,030 | 2023 | -3.17% | +0.099% | View data |
| 8 | 8 Denmark | 3,740 | 2023 | +4.9% | +5.64% | View data |
| 9 | 9 France | 3,580 | 2023 | +0.11% | +3.35% | View data |
| 10 | 10 Portugal | 3,560 | 2023 | +0.51% | +4.64% | View data |
