In 2023, China led the global frozen Nile perch fillets market with exports valued at approximately 4.28 million USD, although it experienced a slight year-on-year decline of 3.11%. Spain and Portugal, the second and third largest exporters, showed significant growth rates at 5.47% and 5.84%, respectively. Notably, Poland's exports surged by 170.51%, showing a remarkable recovery. The United States also exhibited strong growth at 23.78%, indicating increasing demand. Lithuania's exports remained static, while Malaysia's leaped by 89.62%, reflecting heightened market activity.
Future trends to watch in the frozen Nile perch fillets market include a potential reversal in China's export decline due to diversification strategies and technological advancements. Furthermore, growth is expected to continue in emerging markets as they seek increased access to global supply chains. Monitoring shifts in consumer preferences and regulatory changes will be crucial for exporters aiming to sustain and enhance their market share.
Top countries in Frozen Nile Perch Fillets Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 4,277,700 | 2023 | +13.85% | -3.11% | View data |
| 2 | 2 Spain | 1,805,900 | 2023 | +3.39% | +5.47% | View data |
| 3 | 3 Portugal | 937,460 | 2023 | +4.52% | +5.84% | View data |
| 4 | 4 Poland | 144,860 | 2023 | -25.09% | +170.51% | View data |
| 5 | 5 Slovakia | 129,280 | 2023 | +7.53% | +7.04% | View data |
| 6 | 6 United States | 83,870 | 2023 | +15.75% | +23.78% | View data |
| 7 | 7 Estonia | 22,400 | 2021 | +156.85% | View data | |
| 8 | 8 Lithuania | 11,420 | 2023 | -13.62% | View data | |
| 9 | 9 France | 9,680 | 2021 | +348.97% | -37.06% | View data |
| 10 | 10 Malaysia | 7,460 | 2023 | +13.94% | +89.62% | View data |
