In 2023, Norway led the global fish body oil import volume with a significant margin, importing 22.44 thousand metric tons, followed by Denmark and China. While several countries like Belgium and Thailand demonstrated growth, others, such as Denmark and China, saw slight declines. Notably, emerging markets like India showed promising increases, with a year-on-year growth of 7.23%, reflecting a growing demand for fish body oil in these regions.
Future trends to watch include:
- Potential growth in emerging markets like India and Southeast Asia, driven by increasing health-consciousness and demand for supplements.
- China's import volumes might fluctuate due to regulatory changes and domestic production efforts.
- Expect Norway to maintain its leading position due to strong supply chains and industry infrastructure.
Top countries in Fish Body Oil Import Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 22.44 | 2023 | +0.35% | +0.4% | View data |
| 2 | 2 Denmark | 10.22 | 2023 | -1.83% | -2.05% | View data |
| 3 | 3 China | 7.03 | 2023 | -0.54% | -1.16% | View data |
| 4 | 4 Chile | 6.88 | 2023 | +0.017% | -0.12% | View data |
| 5 | 5 Canada | 6.56 | 2023 | +2.11% | +2.06% | View data |
| 6 | 6 France | 4.47 | 2023 | +0.92% | +0.88% | View data |
| 7 | 7 Greece | 4.08 | 2023 | +0.92% | +0.94% | View data |
| 8 | 8 Spain | 3.27 | 2023 | +3.19% | +3.67% | View data |
| 9 | 9 Belgium | 2.98 | 2023 | +4.82% | +5.41% | View data |
| 10 | 10 United Kingdom of Great Britain and Northern Ireland | 2.68 | 2023 |
