The global demersal fish demand is led by China, which significantly outpaces other countries with a share of 21.03 thousand metric tons. The United States and Indonesia follow with demand shares of 9.45 and 7.69 thousand metric tons, respectively. Notable trends include China’s moderate growth rate (0.37% YoY), with the highest YoY growth seen in countries like Ecuador (6.15%), Mali (7.03%), and Togo (7.11%). Meanwhile, several countries, such as Nigeria (-2.64%), Venezuela (-5.48%), and Yemen (-15.87%) are experiencing declines in demand. Establishing patterns over the past five years reveals a diverse spread of growth rates across different regions.
Going forward, countries such as Peru and Oman are expected to continue their upward trends in demersal fish demand. In contrast, certain regions, predominantly in Africa and Latin America, may face ongoing challenges due to economic and environmental factors. The expansion in demand in Asian countries suggests a shift influenced by increasing populations and evolving dietary preferences.
Top countries in Demersal Fish Demand Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21.03 | 2023 | +0.34% | +0.37% | View data |
| 2 | 2 United States | 9.45 | 2023 | +0.61% | +0.63% | View data |
| 3 | 3 Indonesia | 7.69 | 2023 | +1.95% | +1.85% | View data |
| 4 | 4 Russia | 5.63 | 2023 | -0.097% | -0.00074% | View data |
| 5 | 5 India | 4.59 | 2023 | +1.09% | +1.29% | View data |
| 6 | 6 South Korea | 4.3 | 2023 | +0.63% | +0.69% | View data |
| 7 | 7 France | 3.59 | 2023 | +0.63% | +0.62% | View data |
| 8 | 8 Japan | 3.35 | 2023 | -0.86% | -0.95% | View data |
| 9 | 9 Spain | 2.68 | 2023 | -0.96% | -1.02% | View data |
| 10 | 10 Norway | 2.54 | 2023 | +1.28% | +1.33% | View data |
