The global market for human-edible crustaceans flours, meals, and pellets shows a mixed landscape. Russia leads with significant annual growth of over 23%, followed by moderate gains in Vietnam and the Netherlands. Meanwhile, key exporters like Argentina, China, Thailand, and the United States experienced declines, reflecting potential market challenges or shifts in demand. Some countries like Peru and Japan saw noteworthy gains. The past five years show a wide variation, indicating fluctuating market conditions affected by various factors including supply, demand, and geopolitical events.
Future trends to watch include increased demand for sustainable and eco-friendly seafood products, potential trade agreements altering export dynamics, and the impact of climate change on crustacean harvests. Additionally, technological advancements in processing and transportation could influence market positions, presenting opportunities for growth or retraction among leading exporters.
Top countries in Human-Edible Crustaceans Flours, Meals and Pellets Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 3,392,800,000 | 2023 | +17.1% | +23.13% | View data |
| 2 | 2 Vietnam | 2,496,300,000 | 2023 | +2.3% | +3.29% | View data |
| 3 | 3 Argentina | 1,189,600,000 | 2023 | +6.61% | -2.1% | View data |
| 4 | 4 China | 1,041,500,000 | 2023 | +2.04% | -3.83% | View data |
| 5 | 5 Thailand | 894,660,000 | 2023 | -0.85% | -3.2% | View data |
| 6 | 6 United States | 821,810,000 | 2023 | +3.5% | -3.96% | View data |
| 7 | 7 Netherlands | 759,520,000 | 2023 | +2.74% | +2.41% | View data |
| 8 | 8 Australia | 625,280,000 | 2023 | +8.69% | -0.49% | View data |
| 9 | 9 Denmark | 581,890,000 | 2023 | +1.82% | +2.5% | View data |
| 10 | 10 Spain | 520,240,000 | 2023 | +2.92% | +1.65% | View data |
