In 2023, Iceland led the global exports of fresh or chilled trout fillets, with a significant export value compared to other countries. The year-on-year growth in 2023 for Iceland was 4.44%, suggesting a steady market position. Indonesia showed a remarkable increase with a 168.29% growth rate, indicating rapid expansion capabilities and potential market opportunity. Latvia and Malaysia experienced moderate growth rates of 9.82% and 25.05%, respectively. Japan remained stable with negligible export values. The CAGR over the last five years suggests Indonesia's aggressive growth strategy in the trout fillets export segment.
Future trends to watch include potential market entrants trying to capitalize on emerging markets like Indonesia. Monitoring consumer preferences towards sustainable and local seafood sources could also impact future export dynamics. Additionally, trade agreements and environmental regulations will play critical roles in shaping export strategies for these countries.
Top countries in Fresh or Chilled Trout Fillets Exports by Country
| # | 5 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 23,922,000 | 2023 | +13.93% | +4.44% | View data |
| 2 | 2 Indonesia | 416,980 | 2023 | +0.43% | +168.29% | View data |
| 3 | 3 Latvia | 198,030 | 2023 | +10.25% | +9.82% | View data |
| 4 | 4 Malaysia | 186,520 | 2023 | +41.28% | +25.05% | View data |
| 5 | 5 Japan | 5,010 | 2021 | +52.28% | -20.57% | View data |
