The 2023 data shows that the United Kingdom holds the largest share of global frozen cod imports at 24.62%, experiencing a year-on-year growth of 9.07%. Sweden and Brazil follow closely, with shares of 23.44% and 21.35% respectively. While Sweden experienced a modest increase of 1.76%, Brazil saw a slight decline of 0.8%. Notably, Australia and Slovakia showed significant growth at 23.1% and 33.75% respectively, despite their smaller overall shares. Conversely, the United States saw the largest drop in import share, decreasing by 8.79% from the previous year.
Looking ahead, potential growth in Asian markets like Malaysia and improvements in Latin American regions like Argentina could alter the landscape. Additionally, sustainability practices and environmental considerations may influence import patterns and sourcing strategies.
Top countries in Frozen Cod Imports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 24.62 | 2023 | -0.45% | +9.07% | View data |
| 2 | 2 Sweden | 23.44 | 2023 | +0.95% | +1.76% | View data |
| 3 | 3 Brazil | 21.35 | 2023 | +4.6% | -0.8% | View data |
| 4 | 4 France | 12.98 | 2023 | +5.19% | -2.38% | View data |
| 5 | 5 Canada | 10.04 | 2023 | -6.19% | +11.08% | View data |
| 6 | 6 United States | 6.21 | 2023 | -2.13% | -8.79% | View data |
| 7 | 7 Malaysia | 1.91 | 2023 | +16.18% | -1.45% | View data |
| 8 | 8 Australia | 0.23 | 2023 | +19.95% | +23.1% | View data |
| 9 | 9 Iceland | 0.14 | 2023 | -37.6% | -5.88% | View data |
| 10 | 10 Slovakia | 0.069 | 2023 | -1.19% | +33.75% | View data |
