In 2023, Peru dominated the global non-human-edible seafood meals exports market, commanding a substantial value share. However, it experienced a slight decline year-on-year. Denmark, Vietnam, and Mexico were also key players, with Mexico showing notable growth. Norway showed the most remarkable year-on-year increase at over 12%, while Netherlands and Latvia also demonstrated strong growth. Conversely, Canada, Taiwan, and Australia saw significant declines in their share. Over the past five years, various countries have exhibited fluctuating compound annual growth rates, with both positive and negative trends.
Future trends to watch include:
- Further growth potential for Norway and Vietnam due to expanding marine resources.
- Potential recovery from declines in countries like Canada and Taiwan.
- Impact of sustainable practices and regulations on the market dynamics.
- Developments in aquaculture technology influencing market shares.
- The role of new entrants in diversifying export portfolios.
Top countries in Non-Human-Edible Seafood Meals Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Peru | 60.3 | 2023 | +5.64% | -0.3% | View data |
| 2 | 2 Denmark | 13.57 | 2023 | +1.07% | +0.66% | View data |
| 3 | 3 Vietnam | 8.78 | 2023 | +2.12% | +0.55% | View data |
| 4 | 4 Mexico | 7.85 | 2023 | +1.82% | +4.06% | View data |
| 5 | 5 Norway | 6.96 | 2023 | +10.21% | +12.23% | View data |
| 6 | 6 United Kingdom | 2.12 | 2023 | +1.93% | +3.97% | View data |
| 7 | 7 Netherlands | 1.13 | 2023 | +8.4% | +24.15% | View data |
| 8 | 8 Latvia | 0.85 | 2023 | +2% | +18.77% | View data |
| 9 | 9 Japan | 0.51 | 2023 | +0.17% | +15.16% | View data |
| 10 | 10 Portugal | 0.42 | 2023 | +11.14% | -1.72% | View data |