In 2023, the United States led global frozen sole imports, valued at $7.73 million, with a modest growth of 2.42%. Italy and France saw declines of 12.27% and 7.59% respectively. Remarkably, Vietnam experienced a 114.11% surge, highlighting its growing demand. Belgium and Portugal recorded increases, while countries like Ireland, Japan, and Hungary observed significant drops. Notably, Russia saw an 18.86% growth despite geopolitical tensions. Throughout the last five years, the Compound Annual Growth Rate (CAGR) captured subtle shifts with stable interest in core markets and emerging opportunities in Asia and Eastern Europe.
Looking forward, future trends suggest a rising demand in Southeast Asia, driven by urbanization and dietary shifts. Meanwhile, economic uncertainties in Europe may influence import patterns. Watch for technological innovations in logistics, which could further boost efficiency and competitiveness in frozen seafood trade.
Top countries in Frozen Sole Imports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 7,729,600 | 2023 | +9.42% | +2.42% | View data |
| 2 | 2 Italy | 6,624,800 | 2023 | -16.63% | -12.27% | View data |
| 3 | 3 France | 2,583,800 | 2023 | +1.78% | -7.59% | View data |
| 4 | 4 Vietnam | 1,619,700 | 2023 | +38.13% | +114.11% | View data |
| 5 | 5 Belgium | 1,496,800 | 2023 | +15.4% | +9.66% | View data |
| 6 | 6 Portugal | 1,393,200 | 2023 | +8.3% | +4% | View data |
| 7 | 7 South Korea | 1,358,000 | 2023 | +9.68% | -9.66% | View data |
| 8 | 8 Canada | 1,025,700 | 2023 | +6.98% | +1.83% | View data |
| 9 | 9 Australia | 790,370 | 2023 | +5.89% | +4.44% | View data |
| 10 | 10 United Kingdom | 630,410 | 2023 | -2.13% | +10.02% | View data |
