In 2023, Norway led global frozen cod exports with $271.03 million, followed by the Netherlands at $90.863 million, despite a 13.09% decline. Belgium showed a strong growth of 18.55%, while India experienced a 13.4% increase. Romania's exports surged by 83.85%, indicating emerging potential in lesser-exporting countries. Conversely, New Zealand and Slovenia saw notable decreases, by 11.42% and 19.73% respectively. Overall, the sector evidenced a varied landscape with growth and challenges across markets, signaling differential competitive strengths and emerging players.
Looking ahead, market dynamics may shift due to geopolitical factors, sustainability concerns, and consumer demands for traceability, potentially altering export leadership and creating opportunities for diversification and value-added products in emerging markets.
Top countries in Frozen Cod Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 271,030,000 | 2023 | +2.76% | +4.04% | View data |
| 2 | 2 Netherlands | 90,863,000 | 2023 | -24.3% | -13.09% | View data |
| 3 | 3 United Kingdom | 5,899,800 | 2023 | +36.35% | -3.56% | View data |
| 4 | 4 Belgium | 1,166,000 | 2023 | +7.94% | +18.55% | View data |
| 5 | 5 India | 572,050 | 2023 | +40.12% | +13.4% | View data |
| 6 | 6 Malaysia | 342,340 | 2023 | +17.13% | +2.14% | View data |
| 7 | 7 New Zealand | 122,180 | 2023 | -1.42% | -11.42% | View data |
| 8 | 8 Austria | 38,070 | 2023 | +11.39% | +9.67% | View data |
| 9 | 9 Ireland | 35,060 | 2021 | +581.58% | -12.92% | View data |
| 10 | 10 Romania | 21,000 | 2023 | +27.75% | +83.85% | View data |
