In 2023, China dominated global frozen halibut imports with a 50.09% share, followed by Denmark (23.72%) and Japan (8.91%). Vietnam experienced a significant increase in its share, growing by 215.45%, while Germany and the United Kingdom saw declines of 3.55% and 25.58%, respectively. Over the past year, notable growth trends included Estonia (31.86%) and Sweden (35.62%). Conversely, Finland's imports dropped by 36.48%.
Looking ahead, watch for China's continued expansion, potentially affecting the global market dynamics. Emerging markets like Vietnam could further increase their presence, driven by economic growth and demand shifts. Monitoring trade policy changes and seafood consumption trends is crucial for anticipating future shifts.
Top countries in Frozen Greenland, Atlantic and Pacific Halibut Imports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 50.09 | 2023 | +19.76% | +10.49% | View data |
| 2 | 2 Denmark | 23.72 | 2023 | +5.98% | +7.66% | View data |
| 3 | 3 Japan | 8.91 | 2023 | -1.44% | -1.69% | View data |
| 4 | 4 Taiwan | 7.98 | 2023 | +2.52% | +7.87% | View data |
| 5 | 5 Poland | 2.39 | 2023 | +14.04% | +4.16% | View data |
| 6 | 6 Germany | 1.23 | 2023 | -5.58% | -3.55% | View data |
| 7 | 7 United States | 0.91 | 2023 | +8.33% | -0.76% | View data |
| 8 | 8 Spain | 0.57 | 2023 | +14.02% | +1.33% | View data |
| 9 | 9 Canada | 0.57 | 2023 | +7.72% | +2.46% | View data |
| 10 | 10 Portugal | 0.55 | 2023 | +14.69% | +1.77% | View data |
