In 2024, Spain leads the global seafood import share, maintaining its position since 2023 with a minor increase. France follows with solid growth, while Sweden experienced a slight decrease. The Netherlands, Denmark, and the UK showed significant positive changes, with Poland achieving the highest growth rate of over 3%. Malaysia and Israel are emerging as notable players in the market with robust growth. In contrast, Germany and Finland saw declines, and Argentina experienced the largest drop. The CAGR over the last five years indicates consistent growth in Asian markets, emphasizing a shift towards emerging economies.
Future trends suggest a continued rise in seafood imports in emerging markets such as India and Malaysia, driven by increasing demand and a growing middle class. European countries may continue to dominate but with softer growth rates as market saturation appears. Environmental concerns and sustainability practices will likely influence purchasing decisions, reshaping supplier dynamics and leading to more strategic sourcing initiatives globally.
Top countries in Seafood Imports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 17.34 | 2023 | +2.08% | +0.46% | View data |
| 2 | 2 France | 14.2 | 2023 | +1.88% | +1.87% | View data |
| 3 | 3 Sweden | 12.09 | 2023 | +1.04% | -0.053% | View data |
| 4 | 4 Germany | 9.51 | 2023 | -1.05% | -1.13% | View data |
| 5 | 5 Netherlands | 9.51 | 2023 | +3.32% | +2.86% | View data |
| 6 | 6 Denmark | 7.81 | 2023 | +2.22% | +2.1% | View data |
| 7 | 7 United Kingdom | 7.08 | 2023 | +4.55% | +2.48% | View data |
| 8 | 8 Poland | 6.73 | 2023 | +4.5% | +3.96% | View data |
| 9 | 9 Malaysia | 2.66 | 2023 | +1.81% | +5.15% | View data |
| 10 | 10 Australia | 1.97 | 2023 | +4.12% | -0.16% | View data |
