Smoked Fish Industry (Excl. Salmon & Herring) Hits Record Highs in 2024
The smoked fish industry, excluding salmon and herring, has experienced remarkable growth. In 2024, exports peaked and are forecast to continue growing. The total output and market value have also shown significant increases over the past decade.
From 2012 to 2024, the total output value increased at an average annual rate of X%, driven by a record high production in 2024. The market value also grew at an average annual rate of X% during the same period. In 2024, the production of smoked fish other than salmon and herring stood at $X.
The EU market for this type of smoked fish expanded by X% in 2024, reaching a value of $X. This growth was led by Spain, the Netherlands, and Belgium, which had the highest average annual growth rates in exports between 2012 and 2024. Total exports indicated a buoyant expansion, with their value increasing at an average annual rate of X% over the same period. In 2024, exports rose notably to $X, while exports in volume terms expanded markedly to X tons.
Consumption levels also peaked in 2024 and are expected to retain growth in the near future.
The smoked fish industry, excluding salmon and herring, has shown strong performance in 2024, with record highs in production, exports, and consumption. This growth is expected to continue in the coming years, driven by increasing demand and expanding markets.
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