In 2023, China led the global pelagic fish import market with 33.55 thousand metric tons, reflecting a significant year-on-year growth rate of 3.23%. Notable increases were also observed in Thailand (0.7%), the Philippines (3.24%), and Bangladesh (4.92%), while Japan, Norway, and Germany experienced declines of -1.62%, -1.49%, and -7.45% respectively. Other decreases were reported in Nigeria (-8.85%) and Angola (-6.03%). Despite minor fluctuations, other countries like Spain, Egypt, and Vietnam showed moderate growth or stabilization.
Future trends to watch in the global pelagic fish import market include:
- China's continued dominance and potential for further growth.
- Potential recovery in previously declining markets like Norway, Japan, and Germany.
- Growth in emerging markets such as Bangladesh, Zambia, and India.
- Shifts in import strategies due to environmental concerns and sustainability practices.
- Economic impacts and geopolitical factors influencing global supply chains.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 33.55 | 2023 | +3.51% | +3.23% | View data |
| 2 | 2 Thailand | 4.94 | 2023 | +0.68% | +0.7% | View data |
| 3 | 3 Japan | 3.95 | 2023 | -1.46% | -1.62% | View data |
| 4 | 4 Norway | 3.48 | 2023 | -1.24% | -1.49% | View data |
| 5 | 5 United States | 2.9 | 2023 | +0.69% | +0.61% | View data |
| 6 | 6 Spain | 2.83 | 2023 | +0.94% | +0.88% | View data |
| 7 | 7 Philippines | 2.3 | 2023 | +3.19% | +3.24% | View data |
| 8 | 8 Taiwan | 2.3 | 2023 | -0.74% | -1.12% | View data |
| 9 | 9 United Kingdom of Great Britain and Northern Ireland | 2.08 | 2023 | |||
| 10 | 10 South Korea | 1.97 | 2023 | +0.076% | -0.0051% | View data |
