In 2023, Peru led global non-liver fish oil exports with a 31.3% share, followed by Denmark at 21.67% and China at 16.83%. Chile and Iceland trailed with 14.63% and 6.45%, respectively. Notable year-on-year growth was seen in Estonia (103.2%), Latvia (33.02%), and South Korea (34.76%). Over the last five years, Vietnam showed a significant compounded annual growth rate (CAGR), indicating strong performance in exports.
Looking ahead, the global non-liver fish oil market is expected to experience shifts due to emerging markets showing rapid growth rates, technological advancements in extraction, and shifting consumer preferences toward health and wellness products.
Top countries in Non-Liver Fish Oils Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Peru | 31.3 | 2023 | +3.8% | +1.42% | View data |
| 2 | 2 Denmark | 21.67 | 2023 | +2.18% | +3.79% | View data |
| 3 | 3 China | 16.83 | 2023 | +5.64% | +12.06% | View data |
| 4 | 4 Chile | 14.63 | 2023 | +3.87% | +6.97% | View data |
| 5 | 5 Iceland | 6.45 | 2023 | -0.038% | -1.69% | View data |
| 6 | 6 Vietnam | 4.4 | 2023 | +10.94% | +15.44% | View data |
| 7 | 7 Thailand | 1.95 | 2023 | +5.12% | +8.4% | View data |
| 8 | 8 Latvia | 1.4 | 2023 | +19.49% | +33.02% | View data |
| 9 | 9 Ireland | 0.67 | 2023 | -0.31% | +8.9% | View data |
| 10 | 10 Estonia | 0.48 | 2023 | +14.46% | +103.2% | View data |
