In 2023, Peru led global marine mammals and fish oils and fats exports with $402.11 million, followed by China and Norway. Notable performers included Mexico with a 32.25% surge and Russia's 123.08% increase. Estonia also saw a significant 98.73% rise. Conversely, the UK experienced a 6.17% decline, while Israel fell by 53.43%. The UK's difficulty highlights varying regional challenges. Over five years, the sector showed modest but steady growth, with fluctuations mainly due to geopolitical shifts and production adjustments.
Future trends to watch include increased demand driven by the health and wellness market and potential impacts from environmental regulations and geopolitical tensions. Emphasizing sustainable sourcing could also reshape export dynamics, influencing both emerging and traditional markets.
Top countries in Marine Mammals and Fish Oils and Fats Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Peru | 402,110,000 | 2023 | +3.82% | +1.43% | View data |
| 2 | 2 China | 219,920,000 | 2023 | +5.59% | +11.82% | View data |
| 3 | 3 Norway | 218,060,000 | 2023 | +2.95% | +7.58% | View data |
| 4 | 4 Chile | 187,770,000 | 2023 | +3.87% | +6.96% | View data |
| 5 | 5 Netherlands | 95,904,000 | 2023 | +0.84% | +10.94% | View data |
| 6 | 6 Mexico | 77,750,000 | 2023 | +1.85% | +32.25% | View data |
| 7 | 7 France | 66,990,000 | 2023 | +3.29% | +2.99% | View data |
| 8 | 8 Belgium | 52,505,000 | 2023 | +4.36% | +7.75% | View data |
| 9 | 9 Spain | 38,052,000 | 2023 | +0.49% | +11.66% | View data |
| 10 | 10 United Kingdom | 26,186,000 | 2023 | +4.19% | -6.17% | View data |
