Seaweeds and other algae: not fit for human consumption, fresh, chilled, frozen or dried, whether or not ground

In 2024, seaweeds and other algae: not fit for human consumption, fresh, chilled, frozen or dried, whether or not ground trade exhibited significant decline, with global flows reaching $297,331,947 and a three-year compound annual growth rate of -1.8% (five-year: +2.1%). The all-time peak of $430,211,951 was recorded in 2022; the current level is 31% below that high-water mark.

Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+0.1% acceleration).

The supply side is diversified (Herfindahl-Hirschman Index 0.148). The three largest exporters — Chile ($102.4M), Ireland ($38.2M), and Peru ($22.1M) — collectively dominate supply flows. The leading exporter has grown at +0.2% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.178). The three largest import markets are China ($116.2M), United States ($29.2M), and France ($23.9M). The largest importing market sources from 36 different supplying countries.

The dominant trade corridor is Chile → China at $77.6M, representing 66.8% of the importer's total demand.

The volatility score for seaweeds and other algae: not fit for human consumption, fresh, chilled, frozen or dried, whether or not ground is 15 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.