Key Market Indicators
Burmese frozen fish exports are forecast to reach $177 million by 2026, up from $143 million in 2021. This represents an average annual growth rate of 3.6%. Since 2016, Burmese supply has grown by 53%. In 2021, the United Kingdom took the top spot with $143 million, with Russia, the United States and Chile coming in second, third and fourth, respectively. Meanwhile, frozen fish imports to Burma are expected to hit $4.9 million by 2026, up from $3.8 million in 2021. This growth rate is 4.3% year on year. Since 2016, Burmese demand has increased by 48%. In 2021, Cyprus was the top supplier at $3.8 million, with Japan, Thailand and South Korea taking the second, third and fourth spots, respectively.