In 2023, Taiwan dominated global frozen albacore or longfinned tuna export shares with 44.07%, though experiencing a minor decline of 3.77%. China, holding the second-largest share at 29.69%, saw a significant increase of 13.4%. Japan's market share rose by 2.43%, while Indonesia expanded by 18.43%. Malaysia outperformed others relative to its size, increasing by 8.01%. Spain recorded a slight decrease, and Brazil and Thailand showed remarkable growth at 166.68% and 131.35%, respectively. Several smaller exporters saw mixed results, with most experiencing marginal fluctuations.
Future trends to watch include the impact of evolving consumer preferences, sustainability practices, and regulatory measures, particularly in major exporters like China and Taiwan. Growth in emerging markets might redistribute shares, emphasizing the importance of adaptability among exporting countries.
Top countries in Frozen Albacore or Longfinned Tunas Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Taiwan | 44.07 | 2023 | -1.14% | -3.77% | View data |
| 2 | 2 China | 29.69 | 2023 | +10.12% | +13.4% | View data |
| 3 | 3 Japan | 16.33 | 2023 | +3.27% | +2.43% | View data |
| 4 | 4 Indonesia | 4.5 | 2023 | -1.84% | +18.43% | View data |
| 5 | 5 Malaysia | 0.81 | 2023 | +0.21% | +8.01% | View data |
| 6 | 6 Spain | 0.62 | 2023 | -7.22% | -1.94% | View data |
| 7 | 7 Thailand | 0.25 | 2023 | +10.16% | +131.35% | View data |
| 8 | 8 Brazil | 0.17 | 2023 | +82.98% | +166.68% | View data |
| 9 | 9 Peru | 0.087 | 2021 | +18.12% | View data | |
| 10 | 10 Canada | 0.087 | 2023 | -75.81% | -39.12% | View data |
