The global pelagic fish market in 2023 was led by Indonesia, showcasing significant growth. Other key players include Japan, the Philippines, and the United States, each exhibiting varied performance trends. Notably, Thailand emerged with a considerable increase, while countries like India and Nigeria faced notable declines. The year-on-year variation highlighted notable gains in countries like China, Morocco, and Malaysia, while challenges were observed in Italy and Russia. In terms of cumulative average growth, consistent performers included France and Saudi Arabia, emphasizing stability in their market position.
Future trends to observe in the global pelagic fish market include:
- Technological advancements in fishing practices and sustainable methods.
- Impacts of climate change and policy regulations affecting fish populations.
- Economic shifts influencing global trade and consumption patterns, particularly in emerging markets.
Top countries in Pelagic Fish Market Size Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 3,130 | 2023 | +0.49% | +0.2% | View data |
| 2 | 2 Japan | 1,740 | 2023 | -0.25% | -0.3% | View data |
| 3 | 3 Philippines | 1,150 | 2023 | -1.67% | -1.39% | View data |
| 4 | 4 Thailand | 884.12 | 2023 | +2.88% | +3.09% | View data |
| 5 | 5 United States | 845.87 | 2023 | -0.47% | -0.43% | View data |
| 6 | 6 South Korea | 756.74 | 2023 | +0.2% | +0.13% | View data |
| 7 | 7 Russia | 696.79 | 2023 | -1.52% | -1.72% | View data |
| 8 | 8 Morocco | 607.07 | 2023 | +1.49% | +1.79% | View data |
| 9 | 9 Malaysia | 602.52 | 2023 | +0.76% | +1.03% | View data |
| 10 | 10 Spain | 578.77 | 2023 | +1.58% | +1.63% | View data |
