In 2023, South Korea led global human-edible seaweed exports, valued at $295.09 million with a modest 3.24% growth. Significant increases were observed in Slovakia (32.16%), Finland (40.18%), and Slovenia (29.04%). Denmark and Vietnam showed strong double-digit growth with exports rising by 15.31% and 14.27%, respectively. Major declines affected Thailand (-12.17%) and Taiwan (-13.35%). Growth patterns highlight expanding Asian markets and niche European interest. The compounded average growth rate over the past five years showcases South Korea as a dominant but steady market.
Future trends indicate potential growth driven by rising awareness of seaweed’s nutritional benefits and sustainable farming practices. Monitoring the magnitude of interest in different regions will be key to understanding market dynamics and export opportunities.
Top countries in Human-Edible Seaweeds Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 295,090,000 | 2023 | +8.07% | +3.24% | View data |
| 2 | 2 Philippines | 12,905,000 | 2021 | View data | ||
| 3 | 3 Denmark | 11,074,000 | 2023 | +4.18% | +15.31% | View data |
| 4 | 4 Canada | 7,332,600 | 2023 | +4.26% | +9.86% | View data |
| 5 | 5 Netherlands | 6,344,000 | 2023 | +6.65% | -1.7% | View data |
| 6 | 6 Malaysia | 4,332,200 | 2023 | +7.13% | +11.57% | View data |
| 7 | 7 Vietnam | 2,963,900 | 2023 | +6.4% | +14.27% | View data |
| 8 | 8 Thailand | 2,294,800 | 2023 | +7.98% | -12.17% | View data |
| 9 | 9 Austria | 1,898,900 | 2023 | +11.15% | +4.29% | View data |
| 10 | 10 Taiwan | 1,771,700 | 2023 | -0.3% | -13.35% | View data |
