Global Seafood Trends in 2024
Seafood is part of Agribusiness and includes a number of sub-sectors such as Fish, Seafood Processing, Shellfish, Caviar and Aquaculture. You may also be interested in Agriculture, Forestry and Beverage.
Global seafood exports are projected to reach approximately $44.8 billion by 2028, up from around $44.2 billion in 2023. This represents a modest annual growth rate of 0.6%. Since 2019, the global supply has seen a slight annual increase of 0.1%. In 2023, China maintained its position as the leading exporter of seafood, with exports valued at approximately $11.6 billion. Trailing China were India, Canada, and Denmark, ranking second, third, and fourth respectively. Notably, Malaysia's seafood exports have grown by 5.2% annually, while Hungary's exports have declined by 6.3% per year since 2019. On the import side, global seafood imports are expected to hit roughly $46.9 billion by 2028, rising from about $42.9 billion in 2023. This indicates a healthier annual growth rate of 1.6%. Since 2019, global demand for seafood imports has increased by 1.4% annually. Spain emerged as the top importer in 2023, with imports valued at around $7.4 billion. Following Spain, France, Sweden, and Germany occupied the second, third, and fourth spots respectively. India's seafood imports have surged by 9.2% annually, whereas Argentina has seen a decrease of 4.3% per year since 2019.
Top 10 countries
In 2024 major markets in the Seafood Industry were:
World Seafood Market Data and Forecasts
How much the Seafood industry is expected to grow to 2028?
World Seafood Top Rankings
Global Seafood Statistics
- Wild Fisheries Production 237 countries (Europe, Southern Europe, European Union...)
- Greenhouse Gas Emissions 223 countries (Asia, Europe, Southeast Asia...)
- Fish Production 200 countries (Europe, Northern Europe, Scandinavia...)
- Employment Rate 233 countries (Europe, Northern Europe, Eastern Europe...)
- Fish Import 212 countries (Africa, Sub-Saharan Africa, Asia...)
- Seafood Export 191 countries (Asia, Europe, Southeast Asia...)
- Fish Export 206 countries (Asia, Africa, Sub-Saharan Africa...)
- Seafood Import 192 countries (Asia, Europe, Southeast Asia...)
- Sole Production 34 countries (Europe, Southern Europe, Spain...)
- Shrimp Production 28 countries (Europe, Southern Europe, Spain...)
