In 2023, Sweden held the largest share in European frozen trout fillet exports with $27.85 million, followed by the Netherlands at $23.42 million and Iceland at $17.67 million. Countries like Belgium and Russia saw significant growth with 32.76% and 132.19% increases, respectively. Conversely, Lithuania experienced a downward shift of 16.47%. Overall, the sector showed varying trends with countries like Italy and Romania demonstrating double-digit growth, at 12.36% and 73.07% respectively.
Looking towards future trends, the increasing demand for sustainable seafood, alongside technological advancements in processing, may lead to shifts in export shares, potentially benefitting technologically adaptive countries and those emphasizing sustainable practices.
- Sweden: Largest share, substantial growth.
- Netherlands: Consistent growth, significant market player.
- Iceland: Strong presence, favorable growth trends.
- Denmark: Moderate growth potential.
- Finland: Incremental growth trajectory.
- Southern and Eastern Europe: Mixed results with emerging opportunities.
- Russia: Rapid growth indicative of expanding market strategies.
- Lithuania: Decline suggests room for strategic improvement.
Top countries in Frozen Trout Fillets Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 27.85 | 2023 | +23.95% | +23.32% | View data |
| 2 | 2 Netherlands | 23.42 | 2023 | +5.36% | +2.54% | View data |
| 3 | 3 Iceland | 17.67 | 2023 | +5.74% | +16.1% | View data |
| 4 | 4 Denmark | 14.25 | 2023 | +3.82% | +0.59% | View data |
| 5 | 5 Finland | 8.35 | 2023 | +10.15% | +4.39% | View data |
| 6 | 6 Italy | 4.89 | 2023 | +3.58% | +12.36% | View data |
| 7 | 7 Spain | 2.05 | 2023 | +17.82% | -0.26% | View data |
| 8 | 8 Lithuania | 1.04 | 2023 | +18.36% | -16.47% | View data |
| 9 | 9 Belgium | 0.27 | 2023 | -4.26% | +32.76% | View data |
| 10 | 10 Russia | 0.18 | 2023 | +25.77% | +132.19% | View data |
