The global frozen cod export market in 2024 is dominated by Norway, holding a significant 74.07% share by value, followed by the Netherlands with 24.83%. Other countries like the United Kingdom, Belgium, and India contribute marginally. In 2023, Norway saw a positive growth of 4.04%, whereas the Netherlands experienced a decline of 13.09%. Smaller markets like Belgium and India showed strong growth, while others like New Zealand and Slovenia reported declines. Over the past five years, the compounded annual growth has been notably uneven across different countries.
Future trends to watch include continued growth in emerging markets such as India and increased production capabilities in smaller European nations. It will be important to monitor the impact of global trade policies and environmental regulations on these trends.
Top countries in Frozen Cod Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 74.07 | 2023 | +2.76% | +4.04% | View data |
| 2 | 2 Netherlands | 24.83 | 2023 | -24.3% | -13.09% | View data |
| 3 | 3 United Kingdom | 1.61 | 2023 | +36.35% | -3.56% | View data |
| 4 | 4 Belgium | 0.32 | 2023 | +7.94% | +18.55% | View data |
| 5 | 5 India | 0.16 | 2023 | +40.12% | +13.4% | View data |
| 6 | 6 Malaysia | 0.094 | 2023 | +17.13% | +2.14% | View data |
| 7 | 7 New Zealand | 0.033 | 2023 | -1.42% | -11.42% | View data |
| 8 | 8 Austria | 0.01 | 2023 | +11.39% | +9.67% | View data |
| 9 | 9 Ireland | 0.01 | 2021 | +581.58% | -12.92% | View data |
| 10 | 10 Romania | 0.006 | 2023 | +27.75% | +83.85% | View data |