The global market for frozen cod fillets is dominated by China, holding a significant export share of 56.08% in 2024, with Russia and the Netherlands following at 19.66% and 18.84%, respectively. Smaller shares are seen in countries like Sweden, Vietnam, and Canada. Examining the 2023 year-on-year trend, notable increases are observed in Croatia (50.72%) and Italy (25.18%), whereas Vietnam and Canada faced declines of 7.56% and 7.97%, respectively. Throughout the past five years, China showed a modest CAGR, while Russia and the Netherlands consistently grew.
Looking ahead into the next few years, watch for:
- China maintaining dominance but with potential competition from other Asian exporters.
- Increasing shifts towards sustainable sourcing and supply chain transparency.
- Potential market expansions in emerging regions contributing to broader diversification in export shares.
Top countries in Frozen Cod Fillets Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 56.08 | 2023 | +8.09% | +1.88% | View data |
| 2 | 2 Russia | 19.66 | 2023 | +8.1% | +5.72% | View data |
| 3 | 3 Netherlands | 18.84 | 2023 | +4.01% | +5.51% | View data |
| 4 | 4 Sweden | 1.5 | 2023 | +16.04% | +20.7% | View data |
| 5 | 5 Vietnam | 1.33 | 2023 | +1.2% | -7.56% | View data |
| 6 | 6 Canada | 0.6 | 2023 | +3.61% | -7.97% | View data |
| 7 | 7 Portugal | 0.52 | 2023 | +20.11% | -2.68% | View data |
| 8 | 8 Italy | 0.094 | 2023 | +11.65% | +25.18% | View data |
| 9 | 9 Estonia | 0.072 | 2023 | +11.99% | +11.87% | View data |
| 10 | 10 Luxembourg | 0.006 | 2023 | +2.68% | +3.31% | View data |
