The United States holds the largest share of global agar-agar imports at $42.28 million, followed by Thailand, the United Kingdom, and France. In 2023, the U.S. saw a slight decline in its import value by 1.06%, whereas Thailand and the United Kingdom experienced moderate growth of 2.3% and 2.05%, respectively. France saw a 3.91% decrease. Growth pockets were found in Denmark, Israel, and Slovenia, with notable increases. Over the last five years, countries like Denmark and Mexico have shown consistent yearly growth, while Lithuania experienced a downturn.
Future trends to watch for include the potential for increased diversification of import sources, rising demand due to food industry innovations, and shifts in tariffs or trade policies which could influence the distribution of import shares. Continuing improvements in Thailand and the UK highlight competitive opportunities to expand their presence.
Top countries in Agar-Agar Imports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 42.28 | 2023 | +1.06% | -1.06% | View data |
| 2 | 2 Thailand | 14.3 | 2023 | +3.24% | +2.3% | View data |
| 3 | 3 United Kingdom | 14 | 2023 | +7.62% | +2.05% | View data |
| 4 | 4 France | 11.2 | 2023 | +5.41% | -3.91% | View data |
| 5 | 5 Canada | 4.23 | 2023 | +0.52% | +2.43% | View data |
| 6 | 6 Mexico | 4.17 | 2023 | +5.78% | +3.24% | View data |
| 7 | 7 Denmark | 2.5 | 2023 | -2.98% | +7.46% | View data |
| 8 | 8 Austria | 2.26 | 2023 | +6.25% | +0.65% | View data |
| 9 | 9 Australia | 1.2 | 2023 | +0.53% | +6.07% | View data |
| 10 | 10 Lithuania | 0.93 | 2023 | +0.44% | -17.52% | View data |
