In 2023, Lithuania emerged as the leading exporter of prepared or preserved fish and caviar, with a value of 193.64 million USD, marking an impressive 7.93% year-on-year increase. Belgium followed with a significant export value of 147.16 million USD, having grown by 4.76%. Peru and Russia showed contrasting trends with variations at -3.3% and 3.63%, respectively. Croatia's exports witnessed the highest year-on-year growth of 10.41%, while the Czech Republic exports increased by 5.67%. Over the past five years, Lithuania's CAGR highlights its strong export growth, while Peru's decline suggests export challenges.
Future trends to watch:
- The demand for sustainable and premium fish products may drive market shifts.
- Geopolitical factors could influence Russia's export dynamics.
- Technological advancements in preservation could enhance market competitiveness.
- Economic recovery in emerging markets can impact overall demand.
Top countries in Prepared or Preserved Fish; Caviar and Caviar Substitutes Prepared from Fish Eggs Exports by Country
| # | 6 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 193,640,000 | 2023 | +2.19% | +7.93% | View data |
| 2 | 2 Belgium | 147,160,000 | 2023 | +3.14% | +4.76% | View data |
| 3 | 3 Peru | 95,869,000 | 2023 | -0.17% | -3.3% | View data |
| 4 | 4 Russia | 92,776,000 | 2023 | +1.08% | +3.63% | View data |
| 5 | 5 Croatia | 56,598,000 | 2023 | +4.5% | +10.41% | View data |
| 6 | 6 Czech Republic | 39,004,000 | 2023 | +4.09% | +5.67% | View data |