In 2023, South Korea dominated global frozen toothfish exports with a strong market presence, recording exports worth $62.163 million USD. Spain followed with $2.9211 million USD, and the United Kingdom with $0.82976 million USD. Germany, Netherlands, Italy, Portugal, Greece, and Slovakia had significantly lower exports.
While South Korea saw a 2.89% increase in exports, the United Kingdom, Germany, and Netherlands experienced declines of 4.89%, 26.66%, and 11.33%, respectively. Over the past five years, the industry displayed gradual fluctuations.
Future trends will likely focus on sustainable practices and maintaining biodiversity, which could influence the market dynamics and align the industry's growth with environmental standards.
Top countries in Frozen Toothfish Exports by Country
| # | 9 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 62,163,000 | 2023 | +9.94% | +2.89% | View data |
| 2 | 2 Spain | 2,921,100 | 2021 | +142.02% | +17.45% | View data |
| 3 | 3 United Kingdom | 829,760 | 2023 | +6.16% | -4.89% | View data |
| 4 | 4 Germany | 473,480 | 2023 | +24.83% | -26.66% | View data |
| 5 | 5 Netherlands | 305,360 | 2023 | +19.84% | -11.33% | View data |
| 6 | 6 Italy | 20,310 | 2021 | +883.02% | +20.48% | View data |
| 7 | 7 Portugal | 19,040 | 2021 | +2610% | View data | |
| 8 | 8 Greece | 2,620 | 2021 | +3090% | -21.87% | View data |
| 9 | 9 Slovakia | 35.5 | 2021 | View data |
