Key Market Indicators
The Bahraini frozen fish industry is expected to grow steadily over the next five years. Export is projected to reach $7.4 million by 2026, increasing 3.8% year on year on average. Since 2005, the country has seen a 19.9% year on year rise in supply. Bahrain ranked 66th in 2021, while Zimbabwe led the pack at $5.9 million. Russia, the United States, and Chile were the second, third and fourth largest exporters respectively. Import is also projected to grow, reaching $21.9 million by 2026 with a 3.6% year on year average growth rate. Since 2005, Bahrain has seen an 11% year on year increase in demand. It ranked 77th in 2021, with Ireland leading the way at $17.7 million. Japan, Thailand, and South Korea were the second, third, and fourth largest importers respectively.