In 2023, the United States led global exports of live, fresh, or chilled cold-water shrimps and prawns with significant dominance, reflecting no variation over the previous year. Norway followed, maintaining a stable export value. Malaysia saw a notable increase of 23.36% in exports, while Italy experienced a slight decline of 1.54%. Luxembourg showed minor growth at 1.99%, whereas Croatia saw an impressive surge of 84.8%. Minor contributors like New Zealand and Costa Rica remained steady with no change in export value. The last 5-year CAGR for these countries reflects varied growth trends in the shrimp export market.
Future trends to watch include potential increases in sustainable aquaculture practices, impacts of climate change on cold-water shrimp habitats, and regulatory changes in key markets such as the EU or the USA. Additionally, emerging markets could alter current export dynamics through increased production and improved supply chain logistics.
Top countries in Live, Fresh or Chilled Cold-Water Shrimps and Prawns Exports by Country
| # | 8 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 28,675,000 | 2023 | +4.68% | View data | |
| 2 | 2 Norway | 4,210,000 | 2023 | +14.96% | View data | |
| 3 | 3 Malaysia | 903,660 | 2023 | +58.96% | +23.36% | View data |
| 4 | 4 Italy | 143,400 | 2023 | +9.2% | -1.54% | View data |
| 5 | 5 Luxembourg | 135,760 | 2023 | +5.33% | +1.99% | View data |
| 6 | 6 Croatia | 43,110 | 2023 | +2.97% | +84.8% | View data |
| 7 | 7 New Zealand | 41,520 | 2023 | +28.33% | View data | |
| 8 | 8 Costa Rica | 19,510 | 2021 | View data |
