Key Market Indicators
Latvian frozen fish imports are set to reach a whopping $64 million by 2026, up from $55 million in 2021. This represents an average growth rate of 2.3% year-on-year. Since 1999, demand for Latvian frozen fish has increased by 10% year-on-year. In 2021, the country ranked at number 52, with Morocco ranking ahead of it at $55 million. Japan, Thailand and South Korea respectively ranked second, third and fourth. Latvian frozen fish exports are set to reach $35 million by 2026, up from $30 million in 2021. This represents a year-on-year compound annual growth rate of 1.9%. Since 1999, the supply of Latvian frozen fish has grown by 7.5% year-on-year. In 2021, the country ranked at number 52, with the United Arab Emirates ranking ahead of it at $30 million. Russia, the United States and Chile respectively ranked second, third and fourth.
