| Product Code: ETC408321 | Publication Date: Oct 2022 | Updated Date: Mar 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for shark meat experienced a slight decline from 2023 to 2024, with a growth rate of -2.49%. However, the compound annual growth rate (CAGR) for the period of 2020-2024 stood at a healthy 14.97%. This shift in momentum may be attributed to changes in consumer preferences or shifts in global trade dynamics impacting the market stability.

Shark meat has been a contentious topic globally due to concerns about overfishing and its impact on marine ecosystems. In Thailand, shark meat is consumed in various forms, including in soups, curries, and grilled dishes. The market for shark meat in Thailand has faced challenges related to sustainability and conservation efforts. As awareness about shark conservation grows, there has been a shift in consumer preferences towards more sustainable seafood options. This has prompted efforts to regulate the shark meat market, promote sustainable fishing practices, and reduce the consumption of shark products.
The blue whiting market in Thailand is influenced by the global demand for this versatile and nutritious fish species. Blue whiting is a valuable source of protein and omega-3 fatty acids, making it a sought-after seafood choice. The market growth is driven by the increasing awareness of the health benefits of blue whiting and its use in various culinary applications, such as fish fillets, canned products, and fish oil supplements. Thailand reputation as a seafood exporter also supports the market, as it can supply blue whiting to international markets. As consumers prioritize health and seek sustainable seafood options, the blue whiting market is expected to continue expanding.
The Thailand shark meat market faces ethical and conservation challenges due to concerns about overfishing and species endangerment. Strict regulations on shark fishing and trade make it difficult for businesses to operate in this market. Additionally, consumer perception and ethical considerations pose hurdles to market growth.
The shark meat market faced a downturn during the pandemic, primarily due to a decrease in international demand for shark products. Conservation concerns and uncertainty around the source of the virus affected consumer attitudes towards wildlife trade. Thailand shark meat industry had to adapt by exploring alternative markets and products.
The Thailand Shark Meat market is led by a select group of prominent players. One of the key players is Thai Agri Foods Public Co., Ltd., which specializes in shark meat processing and exports. Thai Union Group also has a notable presence in this market segment, ensuring the responsible and sustainable sourcing of shark meat products. Moreover, Prantalay Marketing Co., Ltd. is recognized for its contribution to the shark meat market in Thailand, catering to both domestic demand and international markets with its diverse product offerings.
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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