The global export market for frozen whole hake shows Spain and the United States as leaders, with values of 131.01 and 103.22 million USD, respectively, in 2023. Spain recorded a modest growth of 1.56% year-over-year, while the United States experienced a growth of 2.77%. Significant growth was observed in Portugal (2.29%), China (5.54%), and Poland (33.08%), while notable declines occurred in countries like Namibia (-25.71%) and Italy (-13.51%). Argentina saw a slight decline by 1.24%, whereas France and Greece sharply contracted by 9.91% and 19.34%, respectively.
Looking forward, future trends in the frozen whole hake export market may be influenced by environmental changes affecting fish stock, shifts in consumer preferences towards sustainable sourcing, and geopolitical factors impacting international trade regulations and agreements. Monitoring these variables will be crucial for understanding potential shifts in market dynamics.
Top countries in Export of Frozen Whole Hake by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 131,010,000 | 2023 | +1.9% | +1.56% | View data |
| 2 | 2 United States | 103,220,000 | 2023 | +2.14% | +2.77% | View data |
| 3 | 3 Canada | 88,541,000 | 2023 | +3.69% | +2.25% | View data |
| 4 | 4 Argentina | 49,680,000 | 2023 | -1.8% | -1.24% | View data |
| 5 | 5 South Africa | 49,652,000 | 2023 | +2.08% | +1.98% | View data |
| 6 | 6 Uruguay | 18,663,000 | 2023 | +2.36% | +1.32% | View data |
| 7 | 7 Portugal | 18,244,000 | 2023 | +4.32% | +2.29% | View data |
| 8 | 8 Chile | 17,313,000 | 2023 | -4.81% | -5.62% | View data |
| 9 | 9 Peru | 8,856,800 | 2023 | +3.07% | +3.45% | View data |
| 10 | 10 Ecuador | 8,737,900 | 2023 | +3.25% | +2.55% | View data |
