Vietnam dominates the global frozen catfish export market, holding a substantial share of 79.89% in 2023. China follows distantly with a 6.65% share, and Indonesia at 2.76%. Other notable contributors include India at 2.2% and the Netherlands with 1.76%. The majority of other countries hold less than 1% each, with a collective impact that remains minor compared to the leading exporters.
Year-on-year observations indicate significant growth for India (39.92%) and Mexico (31.81%), while Slovenia showed notable variation with a 91.67% increase. Conversely, countries like Thailand and Spain encountered declines of 9.56% and 27.2% respectively within the same period.
Future trends suggest that Vietnam will continue to lead the market, but emerging markets like India and Mexico may capture increasing export shares due to their rapid growth. Monitoring geopolitical and environmental factors that could impact supply chains and trade agreements will be crucial for forecasting alterations in market dynamics.
Top countries in Frozen Catfish Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Vietnam | 79.89 | 2023 | +8.4% | +2% | View data |
| 2 | 2 China | 6.65 | 2023 | +4.76% | +0.33% | View data |
| 3 | 3 Indonesia | 2.76 | 2023 | +7.5% | +12.05% | View data |
| 4 | 4 India | 2.2 | 2023 | +25.27% | +39.92% | View data |
| 5 | 5 Netherlands | 1.76 | 2023 | +6.68% | +6.62% | View data |
| 6 | 6 Thailand | 1.15 | 2023 | -7.87% | -9.56% | View data |
| 7 | 7 Mexico | 1.01 | 2023 | +47.65% | +31.81% | View data |
| 8 | 8 Bangladesh | 0.9 | 2023 | +8.78% | +0.55% | View data |
| 9 | 9 Malaysia | 0.84 | 2023 | +12.19% | +8.05% | View data |
| 10 | 10 Belgium | 0.49 | 2023 | -2.26% | -3.03% | View data |
