Introduction

Mackerel is a popular fish species that is widely consumed around the world. It is rich in omega-3 fatty acids and is known for its distinct flavor. The global mackerel market is highly competitive, with several countries playing a key role in exporting and importing this fish. In this report, we will take a closer look at the top mackerel exporting and importing countries, analyze who controls the market, and provide insights into the industry.

Top Mackerel Exporting Countries

1. Norway

Norway is one of the largest exporters of mackerel in the world. The country’s cold waters are ideal for mackerel fishing, and its fishing industry is highly developed. Norway exports mackerel to a wide range of countries, including Japan, South Korea, and the United States. In 2020, Norway exported over 200,000 metric tons of mackerel, with a total export value of $500 million.

2. China

China is another major player in the mackerel exporting market. The country has a large fishing fleet and processing industry, allowing it to export mackerel to various countries around the world. In 2020, China exported over 150,000 metric tons of mackerel, with a total export value of $400 million.

3. Japan

Japan is known for its love of seafood, and mackerel is no exception. The country imports a significant amount of mackerel from other countries, processes it, and then re-exports it to other markets. In 2020, Japan imported over 100,000 metric tons of mackerel, making it one of the top mackerel importing countries in the world.

Top Mackerel Importing Countries

1. Japan

As mentioned earlier, Japan is one of the largest mackerel importing countries in the world. The country’s demand for mackerel is driven by its seafood-loving population and the popularity of mackerel dishes in Japanese cuisine. In 2020, Japan imported over 100,000 metric tons of mackerel, with a total import value of $300 million.

2. South Korea

South Korea is another major mackerel importing country. The country’s fishing industry is not as developed as some other countries, leading it to rely on imports to meet domestic demand. In 2020, South Korea imported over 80,000 metric tons of mackerel, with a total import value of $200 million.

3. United States

The United States is a significant importer of mackerel, with a growing demand for this fish among consumers. The country imports mackerel from various sources, including Norway and China. In 2020, the United States imported over 70,000 metric tons of mackerel, with a total import value of $150 million.

Who Controls the Market?

The mackerel market is highly competitive, with several countries vying for market share. Norway and China are the top exporting countries, while Japan, South Korea, and the United States are the top importing countries. These countries play a key role in shaping the global mackerel market and influencing prices.

Industry Insights

The mackerel industry is facing challenges such as overfishing and environmental concerns. Sustainable fishing practices are becoming increasingly important, with consumers and regulators calling for more responsible fishing methods. As the demand for mackerel continues to grow, it is essential for industry players to adopt sustainable practices to ensure the long-term viability of the mackerel market.
In conclusion, the global mackerel market is dynamic and competitive, with several countries playing a key role in exporting and importing this fish. Norway and China are the top exporting countries, while Japan, South Korea, and the United States are the top importing countries. Sustainable fishing practices and responsible management will be crucial in shaping the future of the mackerel industry.