In 2023, China dominated the global frozen carps, eels, and snakeheads fillets export market with an overwhelmingly large share of 80.51%, despite a minor year-on-year decline of 1.58%. Vietnam held the second position at 17.79%, with a modest growth of 2.11%. Indonesia was the third largest exporter with 5.13%, experiencing a decline of 2.37% compared to the previous year.
Significant growth was observed in Poland and Bangladesh, with export shares increasing by 24.52% and 115.7%, respectively. Bangladesh's explosive growth denotes its emerging presence in this market. Other countries like Lithuania and Hungary also recorded substantial increases of 38.75% and 12.14%, respectively.
Future trends to watch:
- China's export dominance is expected to continue, though monitoring potential changes in global demand and trade relations is crucial.
- Bangladesh's significant growth suggests a potential shift in the global market landscape towards more diverse sourcing.
- Attention should be given to emerging markets like Poland and Lithuania, which could change competitive dynamics.
Top countries in Frozen Carps, Eels and Snakeheads Fillets Exports Share by Country (US Dollars)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 80.51 | 2023 | +7.07% | -1.58% | View data |
2 | 2 Vietnam | 17.79 | 2023 | +20.14% | +2.11% | View data |
3 | 3 Indonesia | 5.13 | 2023 | +24.8% | -2.37% | View data |
4 | 4 Canada | 0.63 | 2023 | +23.5% | -4.78% | View data |
5 | 5 Poland | 0.41 | 2023 | +25.83% | +24.52% | View data |
6 | 6 Bangladesh | 0.28 | 2023 | +27.23% | +115.7% | View data |
7 | 7 Lithuania | 0.18 | 2023 | +68.13% | +38.75% | View data |
8 | 8 Denmark | 0.15 | 2023 | +7.78% | +2.21% | View data |
9 | 9 New Zealand | 0.082 | 2021 | -9.85% | -29.37% | View data |
10 | 10 Brazil | 0.082 | 2021 | +3030% | View data |