Key Market Indicators
Indonesia’s frozen fish imports are forecast to reach nearly $200 million by 2026, up from $169 million in 2021. This is an average yearly growth rate of 2.5%. Since 1994, demand has increased 7.4% each year. In 2021, Indonesia came in 31st place in the rankings, while Belarus was ahead with $169 million. Japan, Thailand and South Korea were 2nd, 3rd and 4th respectively. Indonesia’s frozen fish exports are set to reach almost $470 million by 2026, up from $430 million in 2021. This is an average yearly growth rate of 1.4%. Since 1994, supply has risen 2% annually. In 2021, Indonesia was in 12th place, with Denmark above it at $430 million. Russia, the US and Chile were in 2nd, 3rd and 4th place respectively.
