The European frozen, gutted, and headed haddock production in capture fisheries shows significant variation across countries for human consumption. In 2023, Norway leads the sector with a production value of 111.71 million euros and a modest growth of 0.62% year-on-year. Iceland follows, experiencing a remarkable 44.41% increase, despite having a much smaller market size of 0.38009 million euros. Meanwhile, Germany reported an outstanding year-on-year growth of 88.58%, although from a relatively low base. Conversely, Portugal saw a slight decline of 0.44%. Spain’s statistics remain unchanged, hinting at stability rather than growth. The five-year compound annual growth rate suggests varied annual production trends among these countries.
Looking forward, countries like Norway and Iceland may continue their positive trajectories, driven by rising demand and supply chain improvements. However, sustainability practices and geopolitical factors could impact production. Germany’s exceptional recent growth should be monitored for sustainability, while other smaller producers like Portugal might seek modernization to reverse declines. An overall increase in environmental consciousness and sustainable fishing practices will likely shape future production trends in the European market.
Top countries in Frozen, Gutted and Headed Haddock Production in Capture Fisheries for Human Consumption by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 111,710,000 | 2023 | +7.26% | +0.62% | View data |
| 2 | 2 Iceland | 380,090 | 2023 | +50.45% | +44.41% | View data |
| 3 | 3 Germany | 60,060 | 2023 | +32.25% | +88.58% | View data |
| 4 | 4 Portugal | 31,170 | 2023 | -42.95% | -0.44% | View data |
| 5 | 5 Spain | 22,240 | 2022 | -8.17% | +16.32% | View data |
