In 2023, Denmark topped the European import of fish and marine mammals' fats and oils at 110.38 million kilograms, despite a slight decline of 0.76%. Greece and Germany showed strong positive growth with 8.34% and 8.44% increases respectively, while the United Kingdom and Italy experienced declines. Notably, Latvia, Malta, and Luxembourg saw significant import growths with 44.61%, 68.66%, and 32.28% respectively. Lithuania saw the most pronounced decrease at -15.53%. Overall, past trends highlight varying year-on-year changes across countries with diverse market demands and local factors influencing these fluctuations.
Future trends to observe include:
- Potential growth in the Eastern European countries as they expand their aquaculture sectors.
- The impact of environmental and sustainability considerations on the import patterns of fish and marine products.
- Post-Brexit adjustments in the UK's import dynamics for fats and oils from marine sources.
- Projected growth in demand from emerging markets, particularly those emphasizing marine-based nutritional supplements.
Top countries in Import of Fish and Marine Mammals Fats and Oils by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 110,380,000 | 2023 | +2.99% | -0.76% | View data |
| 2 | 2 Greece | 43,450,000 | 2023 | +2.53% | +8.34% | View data |
| 3 | 3 France | 39,543,000 | 2023 | -0.022% | -0.8% | View data |
| 4 | 4 Netherlands | 34,383,000 | 2023 | -4.39% | +6.97% | View data |
| 5 | 5 Spain | 33,250,000 | 2023 | +2.09% | +5.52% | View data |
| 6 | 6 Belgium | 27,419,000 | 2023 | -1.2% | -1.45% | View data |
| 7 | 7 United Kingdom | 21,359,000 | 2023 | -3.4% | -4.21% | View data |
| 8 | 8 Italy | 16,352,000 | 2023 | +1.6% | -1.47% | View data |
| 9 | 9 Germany | 8,117,300 | 2023 | -4.37% | +8.44% | View data |
| 10 | 10 Poland | 4,756,900 | 2023 | +1.3% | +1.17% | View data |