The United States leads in global exports of frozen Pacific, Atlantic, and Danube salmon fillets, standing at $69.77 million in 2023, a 1.34% increase from the previous year. Lithuania follows with a significant 8.74% year-on-year growth, reaching $39.641 million. Notable growth is seen in Slovakia and Austria at 40.59% and 28.72% respectively, while South Korea surprisingly surged by 132.76%. However, Canada and Belgium witnessed a decline in their export values, reflecting -0.32% and -7.32% variations. The other markets, although smaller, displayed varying trends with Japan, Romania, and Australia showing positive growth.
Future trends in the global frozen salmon fillets market to watch include:
- Continued expansion in Asian markets, notably South Korea.
- Potential recovery in Canadian and Belgian exports.
- Increased production capacities in Eastern European countries like Slovakia and Lithuania.
- Impact of environmental regulations and sustainable fishing practices on production and export patterns.
Top countries in Frozen Pacific, Atlantic and Danube Salmon Fillets Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 69,770,000 | 2023 | +8.59% | +1.34% | View data |
| 2 | 2 Lithuania | 39,641,000 | 2023 | +5.46% | +8.74% | View data |
| 3 | 3 Canada | 29,999,000 | 2023 | +1.98% | -0.32% | View data |
| 4 | 4 Belgium | 22,425,000 | 2023 | +3.15% | -7.32% | View data |
| 5 | 5 Japan | 2,507,600 | 2023 | +26.13% | +9.47% | View data |
| 6 | 6 Slovakia | 1,526,700 | 2023 | +16.79% | +40.59% | View data |
| 7 | 7 Austria | 1,339,000 | 2023 | +4.2% | +28.72% | View data |
| 8 | 8 South Korea | 683,220 | 2023 | +66.06% | +132.76% | View data |
| 9 | 9 Croatia | 498,100 | 2023 | +4.33% | -0.16% | View data |
| 10 | 10 Australia | 390,500 | 2023 | +27.41% | +8.56% | View data |
