Key Market Indicators
Bermudian frozen fish imports are expected to hit $622,980 by 2026. This is an increase from $505,590 in 2021 – a 3.4% average growth rate year-on-year. Since 2015, demand for Bermudian frozen fish has risen 17.5% annually. In 2021, Antigua and Barbuda was number one in the ranking, with Japan, Thailand and South Korea coming in second, third and fourth respectively. Conversely, exports of Bermudian frozen fish are projected to drop to $9,360 by 2026 – down from $11,800 in 2021 – at an average decrease of 3.8% year-on-year. Since 2017, the supply of Bermudian frozen fish has increased 2% annually. In 2021, Laos was ranked number one on the list, followed by Russia, the United States and Chile.
