In 2024, China maintained a dominant position in the global crustaceans production market, contributing 45.03% of the total production. Other major producers included Indonesia (11.05%), India (8.21%), and Vietnam (7.11%). These countries have shown consistent growth, with notable year-on-year increases for Indonesia (2.5%) and Argentina (3.29%). Conversely, some countries like the United States (-0.78%) and Canada (-1.38%) experienced declines. Over the last five years, China has solidified its market leadership, while smaller countries like Nigeria (2.89%) and Saudi Arabia (3.5%) have shown promising gains.
Future trends to watch include potential market shifts due to environmental regulations, technological advancements in aquaculture, and economic fluctuations affecting production costs. Emerging economies may continue to gain market share, while established producers will need to innovate to maintain their positions.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 45.03 | 2018 | View data | ||
| 2 | 2 Indonesia | 11.05 | 2023 | +2.56% | +2.5% | View data |
| 3 | 3 India | 8.21 | 2023 | +1.81% | +1.82% | View data |
| 4 | 4 Vietnam | 7.11 | 2023 | +1.41% | +1.44% | View data |
| 5 | 5 Ecuador | 2.96 | 2023 | +1.36% | +1.49% | View data |
| 6 | 6 Thailand | 2.92 | 2023 | +1.17% | +1.27% | View data |
| 7 | 7 United States | 2.32 | 2023 | -0.93% | -0.78% | View data |
| 8 | 8 Mexico | 2.22 | 2023 | +2.33% | +2.57% | View data |
| 9 | 9 Argentina | 1.82 | 2023 | +3.22% | +3.29% | View data |
| 10 | 10 Bangladesh | 1.73 | 2023 | +1.06% | +1.08% | View data |
