In 2023, Japan led the global market for live, fresh, or chilled sea urchin exports, contributing significantly with a value of $88.602 million, which reflected a 42.63% increase from the previous year. Canada followed with $18.319 million, but experienced a slight decline of 1.02%. China's export value stood at $6.1136 million, marking a 3.03% downtrend. Portugal and Belgium showed positive growth rates of 14.64% and 21.83%, respectively. Croatia saw a 12.12% increase, while Italy had a notable rise of 32.04%. The United Kingdom and Sweden showed minor market shares with negative and positive variations of 3.43% and 33.14%, respectively.
Future trends in the global sea urchin market may witness further expansion due to increasing global demand, especially in premium markets like Japan and emerging interest in seafood diversification. Sustainability and quality standards will play a crucial role, as countries adapt to consumer preferences and regulatory requirements. Additionally, technological advancements in aquaculture could boost production efficiency and enhance supply chains, potentially reshaping market dynamics by 2025.
Top countries in Live, Fresh or Chilled Sea Urchins Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 88,602,000 | 2023 | +29.15% | +42.63% | View data |
| 2 | 2 Canada | 18,319,000 | 2023 | +3.68% | -1.02% | View data |
| 3 | 3 China | 6,113,600 | 2023 | -12.9% | -3.03% | View data |
| 4 | 4 Portugal | 1,223,500 | 2023 | +11.35% | +14.64% | View data |
| 5 | 5 Belgium | 646,850 | 2023 | +8.52% | +21.83% | View data |
| 6 | 6 Croatia | 614,880 | 2023 | +38.76% | +12.12% | View data |
| 7 | 7 South Korea | 112,260 | 2021 | -20.29% | -44.74% | View data |
| 8 | 8 Italy | 36,120 | 2023 | +7.77% | +32.04% | View data |
| 9 | 9 United Kingdom | 3,360 | 2023 | +1.82% | -3.43% | View data |
| 10 | 10 Sweden | 304.7 | 2023 | +42.58% | +33.14% | View data |
