In 2023, Chile led the global fish body oil feed exports at 185.12 thousand metric tons, followed by Canada and Greece with 60.15 and 35.01 thousand metric tons respectively. Most countries experienced modest year-on-year growth, except South Korea, China, Taiwan, and notable others, which saw declines. Countries like Panama, Poland, and Ireland saw significant positive variations. Over a five-year span, emerging markets such as Argentina, Tunisia, and Somalia also recorded healthy compound annual growth rates, suggesting an increasing diversification of supply sources.
Future trends indicate a potential shift in demand driven by increased global health consciousness and sustainability concerns. Watch for emerging technologies in production efficiency and a continued blend of traditional markets with new, smaller producers entering the arena. Additionally, sustainability and eco-friendly production processes might influence production practices and regulatory landscapes globally.
Top countries in Fish Body Oil Feed by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Chile | 185.12 | 2023 | +2.15% | +2.35% | View data |
| 2 | 2 Canada | 60.15 | 2023 | +2.05% | +2.03% | View data |
| 3 | 3 Greece | 35.01 | 2023 | +0.98% | +0.98% | View data |
| 4 | 4 India | 27.23 | 2023 | +3.65% | +3.94% | View data |
| 5 | 5 Indonesia | 18.65 | 2023 | +2.08% | +1.87% | View data |
| 6 | 6 Iceland | 17.47 | 2023 | +0.69% | +1.12% | View data |
| 7 | 7 Italy | 16.61 | 2023 | +1.16% | +1.22% | View data |
| 8 | 8 Poland | 15.94 | 2023 | +4.66% | +5.61% | View data |
| 9 | 9 Australia | 11.47 | 2023 | +1.5% | +1.4% | View data |
| 10 | 10 Panama | 11.21 | 2023 | +5.85% | +6.79% | View data |
