The global export market of frozen whole mackerel is dominated by China, accounting for the largest share in US dollar terms, followed by Norway and Japan. Despite minor growth, a noteworthy year-on-year increase is seen in China at 5.72%. India and Senegal show significant upward trends with increases of 13.2% and 10.26% respectively. The UK and the US face declines, with the US experiencing a sharp fall of 17.31%. Several smaller exporters such as Peru and Burkina Faso demonstrate strong growth rates, indicating robust potential for future expansions.
Future trends highlight potential shifts in market dynamics. Growth in emerging markets such as India and Senegal may reshape the mackerel export landscape. Additionally, sustainability and environmental practices will increasingly influence trade policies and consumer preferences, impacting market shares globally. Vigilance on these trends will be essential for stakeholders aiming to capitalize on or protect their positions within this competitive market.
Top countries in Export of Frozen Whole Mackerel Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 30.69 | 2023 | +4.52% | +5.72% | View data |
| 2 | 2 Norway | 20.28 | 2023 | +0.36% | +1.06% | View data |
| 3 | 3 Japan | 10.65 | 2023 | +3.5% | -0.31% | View data |
| 4 | 4 Netherlands | 7.89 | 2023 | +1.36% | +3.17% | View data |
| 5 | 5 Iceland | 4.86 | 2023 | +1.4% | +0.66% | View data |
| 6 | 6 Ireland | 4.28 | 2023 | +1.56% | +2.05% | View data |
| 7 | 7 India | 4.19 | 2023 | +2.51% | +13.2% | View data |
| 8 | 8 South Korea | 2.89 | 2023 | +4.13% | -0.36% | View data |
| 9 | 9 United Kingdom | 2.62 | 2023 | -5.64% | -4.6% | View data |
| 10 | 10 Spain | 2 | 2023 | +0.15% | +0.51% | View data |
