Chile dominates the global frozen trout exports market, capturing more than 62% of the share by value, indicating its leadership position. Norway follows with a 24% share, leaving other countries with significantly smaller portions. Notable percentage increases include a 60% rise in Russia, bolstered positions for Slovenia and Canada with 72% and 66% increases respectively, and a substantial growth in the Vietnam market by 36% in 2023. Conversely, the United States and Spain faced declines in their share, down about 11%. The 2024 forecasts indicate sustained growth for Chile and Norway with emerging contributions from Russia and Slovenia.
Future trends to watch in the global frozen trout exports include the potential for increased diversification in the supplier base as smaller countries with rising shares like Russia, Slovenia, and Vietnam leverage growth opportunities. Sustainability and eco-friendly practices could also become imperative, influencing production and export dynamics.
Top countries in Frozen Trout Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Chile | 62.32 | 2023 | +9.52% | +4.54% | View data |
| 2 | 2 Norway | 24.19 | 2023 | -0.82% | +0.95% | View data |
| 3 | 3 Peru | 6.56 | 2023 | +38.56% | +18.17% | View data |
| 4 | 4 Iceland | 2.31 | 2023 | +30.98% | +20.78% | View data |
| 5 | 5 France | 2.29 | 2023 | +14.01% | +4.09% | View data |
| 6 | 6 Ireland | 2.15 | 2023 | +27.7% | +10.29% | View data |
| 7 | 7 Russia | 1.59 | 2023 | +24.36% | +60.18% | View data |
| 8 | 8 Sweden | 1.28 | 2023 | +7.11% | +12.75% | View data |
| 9 | 9 Netherlands | 0.96 | 2023 | +5.44% | +2.28% | View data |
| 10 | 10 Vietnam | 0.94 | 2023 | +4% | +36.22% | View data |
