The data for 2023 highlights the United States as the largest importer of Agar-Agar, even though it experienced a slight decrease of 1.06% compared to the previous year. Thailand and the United Kingdom also show significant import values, with Thailand's imports rising by 2.3% and the UK by 2.05%. France saw a decline of 3.91%, while Mexico's imports increased by 3.24%. Denmark and Australia experienced substantial growth with 7.46% and 6.07% increases respectively, while Lithuania and Finland faced declines in their import values.
Looking ahead, trends to watch include the expanding agar-agar market in emerging economies, potentially driven by increased demand for plant-based products. The growth in alternative food sectors and the continued emphasis on sustainability could further boost imports in countries showing positive growth trends.
Top countries in Agar-Agar Imports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 36,382,000 | 2023 | +1.06% | -1.06% | View data |
| 2 | 2 Thailand | 12,304,000 | 2023 | +3.24% | +2.3% | View data |
| 3 | 3 United Kingdom | 12,044,000 | 2023 | +7.62% | +2.05% | View data |
| 4 | 4 France | 9,640,100 | 2023 | +5.41% | -3.91% | View data |
| 5 | 5 Canada | 3,641,200 | 2023 | +0.52% | +2.43% | View data |
| 6 | 6 Mexico | 3,591,900 | 2023 | +5.78% | +3.24% | View data |
| 7 | 7 Denmark | 2,148,100 | 2023 | -2.98% | +7.46% | View data |
| 8 | 8 Austria | 1,946,400 | 2023 | +6.25% | +0.65% | View data |
| 9 | 9 Australia | 1,028,600 | 2023 | +0.53% | +6.07% | View data |
| 10 | 10 Lithuania | 797,680 | 2023 | +0.44% | -17.52% | View data |
