The global market for frozen fish imports, excluding fillets and offal, showed varied trends in 2023. China led with significant imports of $5.21 billion, reflecting a 2.73% year-on-year increase. Thailand and Spain experienced slight decreases, while Vietnam, the Philippines, and Denmark saw over 4% growth. Notably, Bangladesh and India exhibited substantial surges, with 24.22% and 32.77% increases respectively. Sweden and Norway also showed impressive growth. Conversely, Finland, Iceland, and Argentina faced notable declines.
Future trends to watch include continued growth in emerging markets like Bangladesh and India, potential increased demand from Southeast Asia, possibly driven by population growth and urbanization. Additionally, global sustainability and trade policies may influence import patterns, affecting traditional markets such as the EU and the USA.
Top countries in Frozen Fish (Excluding Fillets and Offal) Imports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 5,212,800,000 | 2023 | +7.15% | +2.73% | View data |
| 2 | 2 Thailand | 1,950,500,000 | 2023 | +1.42% | -2.63% | View data |
| 3 | 3 South Korea | 1,446,100,000 | 2023 | +3.31% | +0.52% | View data |
| 4 | 4 United States | 946,970,000 | 2023 | +3.94% | +4.47% | View data |
| 5 | 5 Vietnam | 924,820,000 | 2023 | +5.47% | +5.6% | View data |
| 6 | 6 Spain | 858,410,000 | 2023 | +2.35% | -0.48% | View data |
| 7 | 7 Russia | 825,550,000 | 2023 | +4% | +1.21% | View data |
| 8 | 8 Netherlands | 681,800,000 | 2023 | +2.96% | +2.16% | View data |
| 9 | 9 Portugal | 550,500,000 | 2023 | +5.84% | -0.26% | View data |
| 10 | 10 Philippines | 513,920,000 | 2023 | +13.71% | +4.95% | View data |
