Fish preparations: anchovies, prepared or preserved, whole or in pieces (but not minced)

In 2024, fish preparations: anchovies, prepared or preserved, whole or in pieces (but not minced) trade exhibited strong growth, with global flows reaching $420,519,670 and a three-year compound annual growth rate of +7.6% (five-year: +5.1%). The all-time peak of $420,519,670 was recorded in 2024.

Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+4.0% acceleration).

The World Trade Flows Characterization classifies fish preparations: anchovies, prepared or preserved, whole or in pieces (but not minced) as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.170). The three largest exporters — Morocco ($138.1M), Spain ($63.0M), and Peru ($53.1M) — collectively dominate supply flows. The leading exporter has grown at +12.5% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.110). The three largest import markets are Italy ($92.8M), Spain ($74.7M), and France ($42.9M). The largest importing market sources from 22 different supplying countries.

Estimated substitution elasticity: -10.55. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Morocco → Spain at $50.2M, representing 67.2% of the importer's total demand.

The volatility score for fish preparations: anchovies, prepared or preserved, whole or in pieces (but not minced) is 8 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, strong demand tailwinds create a favourable entry environment. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

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