In 2023, Portugal led global imports of dried, salted, or brine, smoked shrimps and prawns, with imports valued at $38.102 million, marking a 4.38% increase from the previous year. Sweden and China, with respective imports of $20.218 million and $13.909 million, showed a decline of 5.29% and a substantial increase of 183.46%, respectively. Notably, imports in Hungary surged by 108.8%, while Russia saw a significant 23.25% decrease. Over the last five years, the Compound Annual Growth Rate (CAGR) of imports for the top countries has shown varied trends, signifying dynamic shifts in global demand and trade activities.
Future trends to watch include:
- Continued growth in China's imports, potentially driven by evolving consumption patterns and increased demand for seafood.
- Fluctuations in European markets, observing both increases and decreases among various countries, could indicate shifts in trade agreements and local consumer preferences.
- Potential volatility in markets like Hungary due to recent high growth rates, which may stabilize or continue accelerating based on economic and market factors.
Top countries in Dried, Salted or in Brine, Smoked Shrimps and Prawns Imports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 38,102,000 | 2023 | +4.54% | +4.38% | View data |
| 2 | 2 Sweden | 20,218,000 | 2023 | +4.23% | -5.29% | View data |
| 3 | 3 China | 13,909,000 | 2023 | +6.22% | +183.46% | View data |
| 4 | 4 Australia | 1,519,200 | 2023 | +3.57% | +2.24% | View data |
| 5 | 5 Spain | 1,230,200 | 2021 | -2.62% | -24.46% | View data |
| 6 | 6 Austria | 751,370 | 2023 | -7.92% | -4.11% | View data |
| 7 | 7 Bulgaria | 681,410 | 2023 | +1.92% | +14.85% | View data |
| 8 | 8 Taiwan | 453,760 | 2023 | +4.25% | -4.82% | View data |
| 9 | 9 Luxembourg | 447,770 | 2021 | -0.6% | -34.05% | View data |
| 10 | 10 Latvia | 440,120 | 2023 | -0.02% | +21.24% | View data |
