In 2023, China's global frozen catfish import share remained dominant at 73.21%, with a moderate growth rate of 13.97% from the previous year. The United States and Japan showed significant growth, up by 44.15% and 54.36%, respectively, indicating rising demand. Russia, France, and South Korea also experienced steady growth. Conversely, nations like Belgium and Peru saw slight declines. The European and Asian markets exhibit diverse trends, with countries like Romania and Greece rapidly expanding their shares.
Future trends to watch include China's potential for continued dominance, the increasing market share of the United States and Japan, and the variable growth dynamics in Europe, where economic and regulatory factors may influence import volumes.
Top countries in Frozen Catfish Imports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 73.21 | 2023 | +26.26% | +13.97% | View data |
| 2 | 2 United States | 5.07 | 2023 | +1.48% | +44.15% | View data |
| 3 | 3 Russia | 3.64 | 2023 | +3.36% | +13.9% | View data |
| 4 | 4 France | 3.33 | 2023 | +17.01% | +8.76% | View data |
| 5 | 5 Netherlands | 2.56 | 2023 | +5.76% | +8.32% | View data |
| 6 | 6 South Korea | 2.52 | 2023 | +8.09% | +12.28% | View data |
| 7 | 7 Taiwan | 1.85 | 2023 | +12.01% | +2.39% | View data |
| 8 | 8 United Kingdom | 1.65 | 2023 | +2.56% | +3.79% | View data |
| 9 | 9 Malaysia | 1.49 | 2023 | +8.73% | +3.4% | View data |
| 10 | 10 Belgium | 1.35 | 2023 | -0.39% | -0.35% | View data |
