| Product Code: ETC5213131 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Maldives` seaweed import shipments in 2024 continued to be dominated by top exporters including Japan, China, South Korea, UAE, and Thailand. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a remarkable compound annual growth rate (CAGR) of 27.39% from 2020 to 2024, the industry is showing strong expansion. The growth rate of 8.69% from 2023 to 2024 suggests a steady upward trend in demand for seaweed imports in Maldives, highlighting the significance of these key exporting countries in meeting the country`s seaweed needs.

In the Asia region, the Seaweed market in Maldives is projected to expand at a growing growth rate of 6.65% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Maldives Seaweed Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Seaweed Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Seaweed Market - Industry Life Cycle |
3.4 Maldives Seaweed Market - Porter's Five Forces |
3.5 Maldives Seaweed Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Maldives Seaweed Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Seaweed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for seaweed products due to their nutritional benefits and versatility in various industries such as food, pharmaceuticals, and cosmetics. |
4.2.2 Increasing awareness about the sustainable and eco-friendly nature of seaweed cultivation and harvesting practices. |
4.2.3 Favorable government policies supporting the seaweed industry and promoting seaweed farming as a sustainable livelihood option. |
4.3 Market Restraints |
4.3.1 Environmental challenges such as climate change, ocean pollution, and natural disasters impacting seaweed cultivation and quality. |
4.3.2 Lack of infrastructure and technology for efficient seaweed farming and processing in the Maldives. |
4.3.3 Competition from other seaweed-producing regions leading to price fluctuations and market saturation. |
5 Maldives Seaweed Market Trends |
6 Maldives Seaweed Market Segmentations |
6.1 Maldives Seaweed Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Maldives Seaweed Market Revenues & Volume, By Red, 2021-2031F |
6.1.3 Maldives Seaweed Market Revenues & Volume, By Brown, 2021-2031F |
6.1.4 Maldives Seaweed Market Revenues & Volume, By Green, 2021-2031F |
6.2 Maldives Seaweed Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Seaweed Market Revenues & Volume, By Human Food, 2021-2031F |
6.2.3 Maldives Seaweed Market Revenues & Volume, By Hydrocolloids, 2021-2031F |
6.2.4 Maldives Seaweed Market Revenues & Volume, By Fertilizers, 2021-2031F |
6.2.5 Maldives Seaweed Market Revenues & Volume, By Animal Feed Additives, 2021-2031F |
6.2.6 Maldives Seaweed Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Seaweed Market Import-Export Trade Statistics |
7.1 Maldives Seaweed Market Export to Major Countries |
7.2 Maldives Seaweed Market Imports from Major Countries |
8 Maldives Seaweed Market Key Performance Indicators |
8.1 Percentage increase in seaweed cultivation area in the Maldives. |
8.2 Average yield per hectare of seaweed farms in the Maldives. |
8.3 Investment in research and development for new seaweed products and applications. |
8.4 Adoption rate of sustainable practices in seaweed cultivation and harvesting. |
9 Maldives Seaweed Market - Opportunity Assessment |
9.1 Maldives Seaweed Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Maldives Seaweed Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Seaweed Market - Competitive Landscape |
10.1 Maldives Seaweed Market Revenue Share, By Companies, 2024 |
10.2 Maldives Seaweed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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