Key Market Indicators
Portuguese frozen fish exports are expected to reach $373 million by 2026, up from $314 million in 2021. This equates to an average annual growth rate of 2.7%. Since 1993, Portuguese exports have increased by 8% each year. In 2021, Portugal was the eighteenth largest exporter, behind Pakistan's $314 million. Russia, the United States and Chile were the second, third and fourth largest exporters respectively. Portuguese frozen fish imports are projected to reach $695 million by 2026, up from $625 million in 2021. This figure corresponds to a year-on-year compound annual growth rate of 1.7%. Since 1993, Portuguese imports have grown by an average of 5.3% annually. In 2021, Portugal was the eighth largest importer, behind Russia's $625 million. Japan, Thailand and South Korea came in second, third and fourth place respectively.
