The global human-edible seaweed imports market presented diverse trends in 2023. Russia dominated with a 29.16% share, experiencing a year-on-year increase of 30.12%, indicating strong growth. The United States followed with a 23.22% share, up by 2.65%. Conversely, the UK saw a slight decline, and Malaysia experienced the largest drop at 6.62%. Notable growth was seen in smaller markets such as Estonia and Bulgaria, with increases of 37.87% and 45.53% respectively.
Regarding future trends, monitoring demand shifts in emerging markets and innovation in seaweed-based product development could drive further growth. Continuous awareness of sustainability and dietary trends will also play vital roles in shaping the market dynamics.
Top countries in Human-Edible Seaweeds Imports Share by Country (US Dollars)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Russia | 29.16 | 2023 | +19.62% | +30.12% | View data |
2 | 2 United States | 23.22 | 2023 | -0.52% | +2.65% | View data |
3 | 3 United Kingdom | 6.38 | 2023 | +11.23% | -0.73% | View data |
4 | 4 Vietnam | 6.36 | 2023 | +8.91% | +9.58% | View data |
5 | 5 Brazil | 5.86 | 2023 | +7.3% | +4.08% | View data |
6 | 6 South Korea | 3.86 | 2023 | +3.88% | +3.75% | View data |
7 | 7 Canada | 3.58 | 2023 | +0.89% | +1.59% | View data |
8 | 8 Norway | 3.47 | 2023 | -1.13% | -4.4% | View data |
9 | 9 Malaysia | 3.04 | 2023 | +1.37% | -6.62% | View data |
10 | 10 New Zealand | 2.89 | 2023 | +10.13% | +4.46% | View data |