In 2023, Peru led the global marine mammals and fish oils and fats exports, capturing 28.07% of the market. Chinese exports surged by 11.82% year-on-year, while Norway and Chile followed at 15.22% and 13.11%, reflecting substantial growth in Norway's exports at 7.58%. Mexico and Latvia exhibited remarkable increases of 32.25% and 31.69% respectively. Meanwhile, Russia's exports soared 123.08%, the steepest rise, though from a smaller base.
Looking ahead, expect emerging markets like Mexico and Latvia to continue expanding their presence. Also, China's strong growth trajectory may challenge Peru's dominance, reshaping export dynamics in this industry.
Top countries in Marine Mammals and Fish Oils and Fats Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Peru | 28.07 | 2023 | +3.82% | +1.43% | View data |
| 2 | 2 China | 15.35 | 2023 | +5.59% | +11.82% | View data |
| 3 | 3 Norway | 15.22 | 2023 | +2.95% | +7.58% | View data |
| 4 | 4 Chile | 13.11 | 2023 | +3.87% | +6.96% | View data |
| 5 | 5 Netherlands | 6.69 | 2023 | +0.84% | +10.94% | View data |
| 6 | 6 Mexico | 5.43 | 2023 | +1.85% | +32.25% | View data |
| 7 | 7 France | 4.68 | 2023 | +3.29% | +2.99% | View data |
| 8 | 8 Belgium | 3.67 | 2023 | +4.36% | +7.75% | View data |
| 9 | 9 Spain | 2.66 | 2023 | +0.49% | +11.66% | View data |
| 10 | 10 United Kingdom | 1.83 | 2023 | +4.19% | -6.17% | View data |
