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The Philippines Frozen Fish Industry Outlook 2022 - 2026

See how the Philippines Frozen Fish performed compared to key markets such as China, Russia and the United States.

Key Market Indicators

Philippine exports of frozen fish are expected to reach around $131.5 million by 2026, up 1.9% annually from 2021's $117.6 million. Since 2001, the country's supply of frozen fish has increased by 9.3% each year. In 2021, Fiji overtook the Philippines to become the 36th-largest exporter of frozen fish. Russia, the United States, and Chile ranked second, third, and fourth, respectively. Philippine imports of frozen fish are expected to reach $576 million by 2026, up 3.2% annually from 2021's $474.6 million. Since 2001, the country's demand for frozen fish has increased by 9.7% each year. In 2021, Nigeria overtook the Philippines to become the 13th-largest importer of frozen fish. Japan, Thailand, and South Korea ranked second, third, and fourth, respectively.

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