In 2023, China leads the global demersal fish market with 5.02 million metric tons, followed by Indonesia (1.84), United States (1.51), Russia (1.08), and South Korea (1.03). Significant changes were observed, such as increased volumes in India (2.15%), Egypt (1.88%), and Peru (4.04%), while countries like Brazil (-1.83%), Nigeria (-2.64%), and Ukraine (-1.99%) saw declines. Other notable changes include Egypt's year-on-year increase of 1.88% and Brazil's 1.83% decrease over the same period. Specific forecasts predict continuous growth for Peru (+4.04%), while Yemen sees a sharp decline (-15.87%).
Future trends to watch include increased demersal fish production in developing countries with investments in sustainable fisheries, technological advancements, and regulatory changes that could impact the overall market dynamics. Additionally, climate change and ecological considerations may significantly affect demersal fish populations and their distribution.
Top countries in Demersal Fish Market Size Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 5,020 | 2023 | +0.35% | +0.37% | View data |
| 2 | 2 Indonesia | 1,840 | 2023 | +1.95% | +1.85% | View data |
| 3 | 3 United States | 1,510 | 2023 | +0.32% | +0.29% | View data |
| 4 | 4 Russia | 1,080 | 2023 | -0.32% | -0.22% | View data |
| 5 | 5 South Korea | 1,030 | 2023 | +0.63% | +0.69% | View data |
| 6 | 6 India | 865.71 | 2023 | +1.81% | +2.15% | View data |
| 7 | 7 France | 857.9 | 2023 | +0.63% | +0.62% | View data |
| 8 | 8 Japan | 799.95 | 2023 | -0.86% | -0.95% | View data |
| 9 | 9 Spain | 582.31 | 2023 | -0.75% | -0.76% | View data |
| 10 | 10 United Kingdom of Great Britain and Northern Ireland | 551.05 | 2023 |
