Key Market Indicators
Iceland's shellfish export is projected to fall by 2.7% year on year, from $66.4 million in 2021 to $57.3 million in 2026. Since 2000, the country's supply has dropped by 4.3% annually. In 2021, Iceland ranked 19th, with Germany overtaking it at $66.4 million. Vietnam, Thailand and Indonesia took the 2nd, 3rd and 4th spots. Iceland's shellfish imports, meanwhile, are expected to grow 3.4% year on year, from $1.2 million in 2021 to $1.5 million in 2026. Since 2000, the country's demand has risen 6.5% annually. In 2021, Iceland ranked 47th, with Slovakia coming in ahead at $1.2 million. Japan, South Korea and the United Kingdom ranked 2nd, 3rd and 4th respectively.