Laws Limit Europe's Shark Fin Trade
The year 2025 saw a sharp decline in the European Union's shark fin exports, which amounted to 2,700 tons valued at 44.8 million euros, compared to 3,100 tons worth 65.3 million euros in 2024, following a record-breaking spike in the previous year. This decrease is attributed to stricter regulatory measures imposed by the European Union, including updates to the CITES agreement and the addition of 60 shark species to Appendix II, making it more difficult for exporters. The exports mainly focus on frozen fins and are almost exclusively directed toward Asian markets, particularly Singapore, which accounted for 41.5% of the total, and China, with 40.9%.
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