In 2023, China dominated the global pelagic fish demand with 26.83 thousand metric tons. It was followed by Indonesia (8.07), Japan (6.82), and the Philippines (3.14). Other notable consumers included the United States (2.86), Thailand (2.5), and South Korea (2.38). Significant year-on-year variations were observed, with Vietnam's demand rising by 5.23%, India decreasing by 2.05%, Thailand increasing by 3.63%, and Russia declining by 2.16%. Countries like Malaysia, Norway, and Taiwan also showed decreases, while Morocco and Poland had substantial increases.
For future trends, the global pelagic fish demand is expected to shift due to emerging markets and changing dietary preferences. Countries with increasing consumption, such as Vietnam, Bangladesh, and Oman, are anticipated to drive growth. Technological advancements in fishing and aquaculture, along with policies affecting marine life conservation, will also be critical factors to watch.
Top countries in Pelagic Fish Demand Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 26.83 | 2023 | +1.38% | +1.13% | View data |
| 2 | 2 Indonesia | 8.07 | 2023 | +0.62% | +0.31% | View data |
| 3 | 3 Japan | 6.82 | 2023 | -0.95% | -1.04% | View data |
| 4 | 4 Philippines | 3.14 | 2023 | -0.87% | -0.77% | View data |
| 5 | 5 United States | 2.86 | 2023 | +0.0016% | +0.18% | View data |
| 6 | 6 Thailand | 2.5 | 2023 | +3.51% | +3.63% | View data |
| 7 | 7 South Korea | 2.38 | 2023 | +0.16% | +0.12% | View data |
| 8 | 8 India | 2.28 | 2023 | -2.23% | -2.05% | View data |
| 9 | 9 Norway | 2.05 | 2023 | -0.98% | -1.41% | View data |
| 10 | 10 Vietnam | 1.69 | 2023 | +4.23% | +5.23% | View data |
