The global frozen sockeye salmon export market in 2023 saw Germany significantly increasing its market share by 112.09%, becoming the leading exporter. Conversely, Canada, a traditional leader, experienced a decline of 11.09%. France and the Netherlands maintained upward trends with increases of 11.74% and 15.32%, respectively. Southern European countries like Italy and Greece also showed notable growth, with Italy surging by 34.19%. However, countries such as China and South Korea faced declines, impacting their market positions negatively.
Future trends to watch include:
- European countries may continue to dominate, with possible shifts within the Europe region due to economic and trade policy changes.
- Monitoring Canada's efforts to regain its lost market share through strategic trade deals or production increases.
- Assessing initiatives to boost performance in Asian markets, given China's and South Korea's recent downturns.
Top countries in Frozen Sockeye Salmon Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.09 | 2023 | +2.07% | +112.09% | View data |
| 2 | 2 Canada | 24.59 | 2023 | +7.21% | -11.09% | View data |
| 3 | 3 France | 14.3 | 2023 | +1.16% | +11.74% | View data |
| 4 | 4 Netherlands | 13.03 | 2023 | +26.37% | +15.32% | View data |
| 5 | 5 Denmark | 3.66 | 2023 | +17.95% | +3.24% | View data |
| 6 | 6 South Korea | 3.24 | 2023 | +6.34% | -1.39% | View data |
| 7 | 7 China | 2.96 | 2023 | +97.41% | -7.73% | View data |
| 8 | 8 Belgium | 2.08 | 2023 | +21.03% | +12.51% | View data |
| 9 | 9 Poland | 1.84 | 2023 | +29.08% | +33.9% | View data |
| 10 | 10 Latvia | 0.57 | 2023 | +5.43% | -5.12% | View data |