The global export market for live ornamental fish is predominantly led by Myanmar, with a substantial share of 54.56%. Spain and the Philippines follow but hold significantly smaller shares of around 14.98% and 14.05%, respectively. Over the previous year, Poland experienced remarkable growth of 65.87%, while Pakistan saw an exponential increase of nearly 100%. Conversely, Thailand suffered a substantial decline of around 9.87%. Analyzing the trends over the last five years, fluctuations are apparent with some countries like Myanmar and Pakistan continuously expanding their market shares, while others like Indonesia and Brazil face declining trends.
Future trends to watch in the live ornamental fish export market include:
- The potential for Myanmar to further consolidate its market dominance.
- Emerging markets, particularly in Pakistan, may continue their rising trajectory, potentially disrupting the market's current dynamics.
- Challenges faced by traditionally strong markets such as Thailand and Indonesia may persist unless diversification or modernization efforts are implemented.
- Environmental and regulatory factors could significantly impact market shares, pushing countries to adopt sustainable practices.
Top countries in Export of Live Ornamental Fish Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Myanmar | 54.56 | 2023 | +2.48% | +17.01% | View data |
| 2 | 2 Spain | 14.98 | 2023 | -0.33% | +0.84% | View data |
| 3 | 3 Philippines | 14.05 | 2023 | -0.81% | -0.022% | View data |
| 4 | 4 Indonesia | 3.29 | 2023 | -4.84% | -5.23% | View data |
| 5 | 5 Colombia | 2.52 | 2023 | +2.87% | +3.5% | View data |
| 6 | 6 United Kingdom | 2.21 | 2023 | +2.9% | +1.53% | View data |
| 7 | 7 Netherlands | 1.52 | 2023 | -0.24% | +2.12% | View data |
| 8 | 8 Thailand | 1.42 | 2023 | -12.85% | -9.87% | View data |
| 9 | 9 Poland | 1.31 | 2023 | +7.35% | +65.87% | View data |
| 10 | 10 China | 1.15 | 2023 | +1.9% | -0.6% | View data |
