In 2023, Spain and Peru were the leading exporters of prepared or preserved anchovies, with export values of $62.51 million and $47.78 million respectively. Germany and Bulgaria showed notable growth with year-over-year increases of 9.05% and 9.28%, while the United States and Russia experienced declines of 12.92% and 8.78% respectively. Latvia had the steepest drop at 63.8%. Over the last five years, the average growth rates suggest an evolving market dynamic favoring European exporters.
Future trends to watch include:
- Increased European dominance, particularly from Spain and emerging markets like Bulgaria due to growing production capabilities.
- Potential shifts in demand strategies from traditional markets like the USA, potentially impacting their export values negatively.
- Changes in international trade policies, especially in EU and Asian markets, which might influence trade flows.
Top countries in Prepared or Preserved Anchovies Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 62,508,000 | 2023 | +2.63% | +4.46% | View data |
| 2 | 2 Peru | 47,775,000 | 2023 | +3.33% | +1.29% | View data |
| 3 | 3 France | 7,472,000 | 2023 | -1.58% | +4.45% | View data |
| 4 | 4 Germany | 4,526,100 | 2023 | +12.81% | +9.05% | View data |
| 5 | 5 China | 3,516,700 | 2023 | +19.5% | +0.3% | View data |
| 6 | 6 Bulgaria | 3,224,800 | 2023 | +8.71% | +9.28% | View data |
| 7 | 7 Austria | 931,620 | 2023 | +0.11% | +2.66% | View data |
| 8 | 8 United States | 731,020 | 2023 | +17.9% | -12.92% | View data |
| 9 | 9 United Kingdom | 714,510 | 2023 | +1.22% | +3.62% | View data |
| 10 | 10 Malaysia | 533,900 | 2023 | +17.24% | +9.9% | View data |
