In 2023, Japan led global imports of prepared or preserved crustaceans and molluscs at $1.4976 billion. Germany, Canada, and Portugal experienced strong year-on-year growth in imports, with rates of 3.14%, 5.49%, and 6.65%, respectively. Emerging markets like Vietnam, Indonesia, and India saw significant gains, ranging from 19.04% to 46.3%. Despite being smaller markets, Lithuania and Hungary also demonstrated strong growth at 13.62% and 21.23%, respectively. Conversely, the Netherlands, Brazil, and Belgium experienced negative growth. Over a five-year horizon, the sector's compound annual growth reflects varied trajectories across nations, with some relatively stable and others rapidly evolving.
Future trends to watch include the growing importance of emerging markets like Vietnam and India in driving global demand, potentially shifting trade dynamics. Attention should also be given to sustainability practices and shifts in consumer preferences, which could influence import patterns.
Top countries in Prepared or Preserved Crustaceans and Molluscs Imports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 1,497,600,000 | 2023 | +3.88% | +0.44% | View data |
| 2 | 2 Germany | 439,640,000 | 2023 | +2.53% | +3.14% | View data |
| 3 | 3 Netherlands | 320,790,000 | 2023 | +0.12% | -3.78% | View data |
| 4 | 4 Canada | 287,770,000 | 2023 | +2.11% | +5.49% | View data |
| 5 | 5 China | 204,600,000 | 2023 | +9.05% | -0.044% | View data |
| 6 | 6 Sweden | 198,980,000 | 2023 | -0.45% | -1.89% | View data |
| 7 | 7 Spain | 196,080,000 | 2023 | +1.38% | +3.39% | View data |
| 8 | 8 Australia | 186,100,000 | 2023 | +0.55% | -1.06% | View data |
| 9 | 9 Belgium | 158,890,000 | 2023 | +0.044% | -0.44% | View data |
| 10 | 10 Mexico | 79,125,000 | 2023 | +9.84% | +1.07% | View data |