In 2023, China led global sardines, sardinella, and brisling or sprats exports with a notable increase of 26.96% compared to the previous year. Indonesia and Vietnam also posted strong growth at 20.95% and 18.87% respectively. Conversely, the Philippines, Italy, and Brazil faced declines, with Italy experiencing a significant drop of 15.43%. Over the past five years, trends indicate fluctuating market dynamics, with emerging Southeast Asian economies gaining competitive traction.
Future trends predict rising demand and market diversification. Key influences include sustainable fishing practices, shifting consumption patterns towards healthier diets, and emerging markets leveraging technological advancements to expand production and export capacity. Monitoring geopolitical developments and environmental regulations will be critical in forecasting export dynamics.
Top countries in Prepared or Preserved Sardines, Sardinella and Brisling or Sprats Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 242,130,000 | 2023 | +12.32% | +26.96% | View data |
| 2 | 2 Thailand | 144,530,000 | 2023 | -0.078% | -0.16% | View data |
| 3 | 3 Indonesia | 72,074,000 | 2023 | +20.36% | +20.95% | View data |
| 4 | 4 Portugal | 65,945,000 | 2023 | -0.88% | +3.38% | View data |
| 5 | 5 Latvia | 54,342,000 | 2023 | +3.74% | +5.5% | View data |
| 6 | 6 Netherlands | 32,923,000 | 2023 | +2.17% | +9.45% | View data |
| 7 | 7 Vietnam | 27,721,000 | 2023 | +5.16% | +18.87% | View data |
| 8 | 8 Russia | 25,925,000 | 2023 | +4.16% | +10.08% | View data |
| 9 | 9 Philippines | 17,723,000 | 2023 | +1.15% | -5.49% | View data |
| 10 | 10 Spain | 16,849,000 | 2023 | +2.24% | +4.8% | View data |
