Analysis highlights a considerable demand for crustaceans in China, significantly exceeding other countries. The United States and Indonesia also show strong demand, albeit at lower levels. Year-on-year, Vietnam, Nigeria, and Argentina exhibit noticeable growth in demand, while Taiwan, Brazil, and Belgium show declines. Over the past years, the CAGR indicates diverse growth patterns, with some countries expanding while others contract slightly.
Future trends to watch include potential shifts in demand in developing economies, likely influenced by economic growth and changing dietary preferences. Environmental concerns and sustainability practices may also reshape global crustacean demand patterns.
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 6,880 | 2023 | +0.97% | +0.99% | View data |
| 2 | 2 United States | 2,180 | 2023 | +0.81% | +0.8% | View data |
| 3 | 3 Indonesia | 1,500 | 2023 | +2.87% | +2.83% | View data |
| 4 | 4 Japan | 952.11 | 2023 | -0.13% | -0.16% | View data |
| 5 | 5 Vietnam | 655.53 | 2023 | +3.29% | +3.85% | View data |
| 6 | 6 India | 593.21 | 2023 | +0.72% | +0.76% | View data |
| 7 | 7 Mexico | 337.11 | 2023 | +1.82% | +2.01% | View data |
| 8 | 8 Canada | 267.93 | 2023 | +1.96% | +1.53% | View data |
| 9 | 9 France | 249.44 | 2023 | +0.29% | +0.3% | View data |
| 10 | 10 Bangladesh | 245.51 | 2023 | +1.76% | +1.76% | View data |
