In 2023, Iceland led global exports of fresh or chilled Salmonidae meat, generating significant revenues in this sector. Latvia and the United Kingdom followed, showing strong growth rates with 13.73% and 48.36%, respectively. Iceland achieved an impressive 150.37% uptick. In contrast, Germany and the United States contributed minimally, and Germany observed a slight decrease of 3.38%. These variations indicate Iceland's increasing dominance and expanding market prowess. Over the past five years, we observe a consistent growth in the majority of the key players, with the Compound Annual Growth Rate (CAGR) reflecting robust demand.
Looking forward, potential trends to watch include increasing global demand for sustainable seafood and changing consumer preferences towards healthier protein sources. Countries leading in production efficiency and innovation, like Iceland and Latvia, may continue gaining market share. Additionally, emerging markets could serve as pivotal growth areas due to rising consumer incomes and expanding middle classes.
Top countries in Fresh or Chilled Salmonidae Meat Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 9,837,200 | 2023 | +37.57% | +150.37% | View data |
| 2 | 2 Latvia | 3,697,300 | 2023 | +37.78% | +13.73% | View data |
| 3 | 3 United Kingdom | 3,593,600 | 2023 | +24.5% | +48.36% | View data |
| 4 | 4 Germany | 170,940 | 2023 | -16.02% | -3.38% | View data |
| 5 | 5 United States | 97,900 | 2023 | -15.56% | +7.25% | View data |
| 6 | 6 Sweden | 35,550 | 2021 | -41.89% | -46.03% | View data |
| 7 | 7 Estonia | 34,490 | 2021 | +6760% | View data | |
| 8 | 8 Italy | 29,180 | 2023 | +7.92% | +42.3% | View data |
| 9 | 9 Greece | 5,650 | 2021 | View data | ||
| 10 | 10 Thailand | 714.7 | 2021 | +4.86% | View data |
