In 2023, Russia led the global demersal fish export market with 1.78 million metric tons, marking a 1.17% increase from the previous year. China's exports remained steady, while the United States experienced a slight decline of 0.049%. Denmark and the Netherlands showed notable growth of 1.6% and 2.1%, respectively. India's significant 2.52% rise is a key highlight, indicating a potential growth market. Conversely, countries like Argentina, Thailand, and Japan saw declines, signaling challenges in their export volumes. Germany, Iceland, and Norway, although key players, showed minimal fluctuations, suggesting stability.
Future trends to monitor include the potential for continued growth in emerging markets such as India and Brazil, driven by increasing demand and improved fishing techniques. Market dynamics indicate that geopolitical tensions and climate change impacts might influence fluctuations in the export capabilities of major countries. Sustainability practices and technological advancements are expected to play a crucial role in shaping the landscape of global demersal fish exports moving forward.
Top countries in Demersal Fish Export Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 1,780 | 2023 | +1.19% | +1.17% | View data |
| 2 | 2 China | 1,350 | 2023 | +0.28% | +0.2% | View data |
| 3 | 3 United States | 1,350 | 2023 | +0.076% | -0.049% | View data |
| 4 | 4 Denmark | 836.71 | 2023 | +1.99% | +1.6% | View data |
| 5 | 5 Norway | 815.46 | 2023 | -0.51% | -0.73% | View data |
| 6 | 6 Netherlands | 785.5 | 2023 | +2.24% | +2.1% | View data |
| 7 | 7 Iceland | 625.31 | 2023 | +0.26% | +0.3% | View data |
| 8 | 8 Germany | 545.84 | 2023 | +0.49% | +0.39% | View data |
| 9 | 9 India | 369.74 | 2023 | +2.66% | +2.52% | View data |
| 10 | 10 Spain | 295.44 | 2023 | +0.41% | +0.45% | View data |
