In 2023, China led the global export of Fresh or Chilled Fish Livers and Roes, commanding a significant portion of the market with a remarkable year-on-year increase of 4.15%. Iceland, the second largest exporter, saw a moderate rise of 0.36%. Notably, Japan experienced a substantial growth rate of 22.4% amid fluctuating performances by other countries. Some nations faced declines, such as Senegal with a decrease of 18.82% and Denmark with a drop of 10.15%. Emerging trends included Switzerland's astounding 271.81% growth, albeit from a smaller base.
Looking ahead, potential growth opportunities include further market expansion in Asian economies, driven by Japan's strong momentum and the increasing global demand for seafood products. Investments in technology and sustainable fishing practices might support this growth. Watch for geopolitical factors that could impact trade relationships and influence global market dynamics. Furthermore, evolving consumer preferences towards sustainable products may encourage countries to adopt sustainable fishing and processing methods, fostering an upward trend in demand.
Top countries in Export of Fresh or Chilled Fish Livers and Roes by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 38,615,000 | 2023 | +3.9% | +4.15% | View data |
| 2 | 2 Iceland | 4,064,400 | 2023 | +6.04% | +0.36% | View data |
| 3 | 3 Senegal | 2,505,500 | 2023 | +1.6% | -18.82% | View data |
| 4 | 4 Bulgaria | 1,898,000 | 2023 | -2.24% | -1.66% | View data |
| 5 | 5 Italy | 1,770,300 | 2023 | +1.38% | +0.11% | View data |
| 6 | 6 Denmark | 1,752,200 | 2023 | -3.13% | -10.15% | View data |
| 7 | 7 United States | 1,741,200 | 2023 | -24.68% | -12.55% | View data |
| 8 | 8 Finland | 1,550,000 | 2023 | +3.25% | +3.58% | View data |
| 9 | 9 Spain | 1,257,200 | 2023 | +0.046% | +1.8% | View data |
| 10 | 10 Poland | 1,148,300 | 2023 | +2.74% | +4.84% | View data |
