The global market for human-edible fish flours is dominated by China, with exports valued at 37.64 million USD. Iceland follows with significant exports, while other countries like France, Latvia, and Malaysia have smaller market shares. In 2023, China showed modest growth, while Poland experienced explosive expansion in exports. Notable increases were also seen in Malaysia and South Korea. Conversely, France, Latvia, and the Philippines saw declines. Over the last two years, several variations were observed, and the longer-term trends point to varied growth rates across countries, with some displaying significant year-on-year changes.
Looking ahead, key trends to watch include increasing demand in Asia and Europe, innovation in fish flour production, and potential market expansions influenced by changes in the global fishing industry and sustainability practices. Emerging and established markets are poised to experience different growth trajectories depending on economic, environmental, and regulatory factors.
Top countries in Human-Edible Fish Flours Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 37,640,000 | 2023 | +23.24% | +1.74% | View data |
| 2 | 2 Iceland | 10,086,000 | 2021 | +96.17% | View data | |
| 3 | 3 France | 2,862,800 | 2023 | +3.05% | -4.07% | View data |
| 4 | 4 Latvia | 1,618,200 | 2023 | -0.19% | -16.63% | View data |
| 5 | 5 Malaysia | 712,290 | 2023 | +11.52% | +43.03% | View data |
| 6 | 6 Poland | 624,450 | 2023 | +25.36% | +215.42% | View data |
| 7 | 7 India | 512,220 | 2023 | +22.59% | +5.23% | View data |
| 8 | 8 Philippines | 418,580 | 2023 | +36.51% | -6.48% | View data |
| 9 | 9 Spain | 346,180 | 2023 | +27.51% | -7.71% | View data |
| 10 | 10 Belgium | 326,980 | 2023 | +2.34% | +6.38% | View data |
