In 2023, the global prepared or preserved shark fins imports showed South Korea leading with imports valued at 2.1988 million USD, followed by Japan at 0.82806 million USD. Ireland, Luxembourg, and Bulgaria had much lower import values, with the Philippines and Switzerland registering minimal to negligible figures. The data shows no year-on-year variation in imports from 2023, indicating stability in the demand and trade of these products among the listed countries. On average, over the past five years, the imports have not undergone significant annual changes, suggesting a mature market.
Future trends to watch include the potential impact of environmental and ethical concerns surrounding shark fin products, which may affect regulations and import volumes. Increasing global awareness could drive shifts toward sustainable seafood alternatives, possibly reducing demand. Additionally, monitoring economic growth and consumer trends in key importing countries will be critical to understanding future market dynamics.
Top countries in Prepared or Preserved Shark Fins Imports by Country
| # | 8 Countries | US Dollars | Last Year | YoY | |
|---|---|---|---|---|---|
| 1 | 1 South Korea | 2,198,800 | 2023 | -0.57% | View data |
| 2 | 2 Japan | 828,060 | 2023 | +2.31% | View data |
| 3 | 3 Ireland | 170,700 | 2023 | +0.0087% | View data |
| 4 | 4 Luxembourg | 35,980 | 2023 | +5.63% | View data |
| 5 | 5 Bulgaria | 26,970 | 2023 | -15.07% | View data |
| 6 | 6 Belgium | 10,160 | 2021 | View data | |
| 7 | 7 Philippines | 3,600 | 2021 | View data | |
| 8 | 8 Switzerland | 30.3 | 2021 | View data |
