In 2023, Brazil leads global imports of frozen catfish fillets with 113.67 million USD, followed by Mexico at 103.31 million USD. The United Kingdom, Philippines, and Netherlands contribute significantly, each importing over 45 million USD. Smaller markets like Argentina, Latvia, and Luxembourg report values under one million USD.
Notable year-on-year trends from 2022 to 2023 include Brazil's 6.18% increase and a substantial 8.76% growth in Luxembourg. In contrast, Lithuania saw a sharp decline of 29.54%, and Poland experienced a 17.44% decrease. Larger markets like Germany and Netherlands also registered decreases of 7.02% and 3.41%, respectively.
Forecasted trends suggest an increasing demand in emerging markets like Brazil and Mexico, while established markets might face saturation. Global economic conditions, trade policies, and sustainability considerations could impact future import levels. Monitoring currency fluctuations and potential trade agreements will be crucial for future forecasting.
Top countries in Frozen Catfish Fillets Imports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 113,670,000 | 2023 | +13.66% | +6.18% | View data |
| 2 | 2 Mexico | 103,310,000 | 2023 | +13.5% | +1.3% | View data |
| 3 | 3 United Kingdom | 53,301,000 | 2023 | +7.4% | +4.75% | View data |
| 4 | 4 Philippines | 52,238,000 | 2023 | +26.67% | +4.31% | View data |
| 5 | 5 Netherlands | 45,548,000 | 2023 | -3.08% | -3.41% | View data |
| 6 | 6 Japan | 26,970,000 | 2023 | +11.15% | -0.49% | View data |
| 7 | 7 Germany | 20,285,000 | 2023 | -19.58% | -7.02% | View data |
| 8 | 8 Colombia | 12,415,000 | 2023 | +1.3% | -5.85% | View data |
| 9 | 9 Russia | 10,762,000 | 2023 | -16.84% | -10.61% | View data |
| 10 | 10 South Korea | 5,004,300 | 2023 | +14.69% | +2.3% | View data |
