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

In 2024, fish preparations: shark fins, prepared or preserved, whole or in pieces (but not minced) trade exhibited significant decline, with global flows reaching $3,258,546 and a three-year compound annual growth rate of -33.4% (five-year: -17.9%). The all-time peak of $18,329,211 was recorded in 2008; the current level is 82% below that high-water mark.

Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-22.3% acceleration).

The supply side is concentrated (Herfindahl-Hirschman Index 0.251). The three largest exporters — China ($4.5M), Vietnam ($2.7M), and New Zealand ($2.1M) — collectively dominate supply flows. The leading exporter has grown at -76.1% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.313). The three largest import markets are Ukraine ($5.6M), South Korea ($1.7M), and Russia ($1.3M). The largest importing market sources from 3 different supplying countries.

The dominant trade corridor is China → Ukraine at $3.1M, representing 55.4% of the importer's total demand.

The volatility score for fish preparations: shark fins, prepared or preserved, whole or in pieces (but not minced) is 14 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 concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

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