In 2023, Norway led the global export of frozen whole haddock with a value of $159.44 million, demonstrating a slight year-on-year growth of 2.04%. Russia and the Netherlands followed, showing year-on-year growth rates of 2.79% and 5.1%, respectively. Canada experienced the highest growth at 25.16%, while the United States saw the largest decline at -10.16%. France noted a significant increase of 56.09%, albeit from a low base. The Compound Annual Growth Rate (CAGR) over the past five years indicates stable, yet modest, overall growth within the sector.
Future trends to watch include potential shifts in market dynamics due to changing trade policies, consumer preferences favoring sustainable seafood, and emerging markets' growth. Monitoring advancements in aquaculture technology may offer insights into future export capabilities and competitiveness.
Top countries in Export of Frozen Whole Haddock by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 159,440,000 | 2023 | +2.36% | +2.04% | View data |
| 2 | 2 Russia | 58,487,000 | 2023 | +5.55% | +2.79% | View data |
| 3 | 3 Netherlands | 34,129,000 | 2023 | +4.8% | +5.1% | View data |
| 4 | 4 Canada | 2,020,900 | 2023 | +6.2% | +25.16% | View data |
| 5 | 5 Sweden | 1,731,400 | 2023 | +3.44% | +7.34% | View data |
| 6 | 6 Greenland | 1,288,800 | 2023 | +4.43% | +4.2% | View data |
| 7 | 7 Denmark | 1,087,300 | 2023 | -3.53% | -1.43% | View data |
| 8 | 8 Germany | 480,300 | 2023 | +0.31% | -3.26% | View data |
| 9 | 9 Poland | 397,790 | 2023 | +5.02% | -1.24% | View data |
| 10 | 10 United States | 174,910 | 2023 | -8.26% | -10.16% | View data |
