In 2023, Austria led the global smoked trout export market with a notable value of $29.124 million, followed by Norway at $25.722 million. Estonia showed significant growth with a year-on-year increase of 6.81%, despite a lower export value compared to the leaders. The Czech Republic experienced a remarkable growth rate of 29.78%, although starting from a smaller base, hinting at a promising future presence in the market. Conversely, Thailand and Canada saw declines, with decreases of 11.35% and 15.64%, respectively. Cumulatively, these data reflect both the dominance of European countries in this sector and emerging trends in market distribution.
Looking forward, increased demand for sustainable and locally sourced food products may drive growth in smoked trout exports. Countries with strong aquaculture industries, like Norway and Austria, are likely to benefit. The growth in health-conscious consumers and interest in protein-rich diets may also enhance demand. Monitoring trade policies and environmental regulations will be crucial, as they could impact export costs and market dynamics.
Top countries in Smoked Trout (Including Fillets) Exports by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Austria | 29,124,000 | 2023 | +3.13% | +3.06% | View data |
2 | 2 Norway | 25,722,000 | 2023 | +7.06% | +0.81% | View data |
3 | 3 Estonia | 9,287,700 | 2023 | +17.35% | +6.81% | View data |
4 | 4 Thailand | 1,375,600 | 2023 | -20.26% | -11.35% | View data |
5 | 5 Finland | 710,110 | 2023 | +2.99% | -1.96% | View data |
6 | 6 Latvia | 64,990 | 2023 | +6.11% | -6.3% | View data |
7 | 7 Luxembourg | 55,450 | 2023 | +11.94% | +3.81% | View data |
8 | 8 Iceland | 53,840 | 2023 | +16.86% | -1.81% | View data |
9 | 9 Canada | 53,830 | 2023 | -3.78% | -15.64% | View data |
10 | 10 Czech Republic | 47,860 | 2023 | +1.35% | +29.78% | View data |