South Korea leads global imports of human-edible crustaceans flours, meals, and pellets with a significant value of 1.3663 billion USD, experiencing a 3.11% increase in 2023. Taiwan follows, with a value of 0.43458 billion USD and a 2.07% rise. Mexico, showing strong growth, noted a 13.59% increase. Other notable importers include Norway, Switzerland, and Poland, with mixed growth rates. Bangladesh marked the highest growth at 17.92%. While some countries showed declines, like Norway and Iceland, the overall market trend is positive.
Future trends suggest increasing demand in Asian markets like South Korea and Taiwan, driven by culinary and health industries. Sustainable sourcing and premium product demand are likely to contribute to market growth, while environmental regulations could impact market dynamics.
Top countries in Human-Edible Crustaceans Flours, Meals and Pellets Imports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 1,366,300,000 | 2023 | +3.62% | +3.11% | View data |
| 2 | 2 Taiwan | 434,580,000 | 2023 | +3.27% | +2.07% | View data |
| 3 | 3 Norway | 96,294,000 | 2023 | +1.44% | -1% | View data |
| 4 | 4 Switzerland | 89,390,000 | 2023 | +1.24% | +0.98% | View data |
| 5 | 5 Mexico | 89,246,000 | 2023 | +7.78% | +13.59% | View data |
| 6 | 6 Poland | 58,818,000 | 2023 | +2.84% | +5.48% | View data |
| 7 | 7 Iceland | 55,022,000 | 2023 | +8.18% | -2.12% | View data |
| 8 | 8 Austria | 48,423,000 | 2023 | +6.26% | +2.44% | View data |
| 9 | 9 Philippines | 32,590,000 | 2023 | +25.38% | +1.51% | View data |
| 10 | 10 Luxembourg | 22,440,000 | 2023 | +2.11% | +0.82% | View data |
