Key Market Indicators
Malaysia's demand for processed fish is expected to drop by 0.7% year on year, from 6.9 million kilograms in 2021 to 6.7 million in 2026. Since 1994, the country's demand has grown by 0.8% annually. In 2021, Malaysia ranked 22nd in the world, with South Korea ahead at 7.2 million kilograms. Italy, France and Spain respectively ranked 2nd, 3rd and 4th in the ranking. Meanwhile, Malaysia's supply of processed fish is expected to increase by 2.6% year on year, from 21.6 million kilograms in 2021 to 25.1 million in 2026. Since 1994, the country's supply has grown by 7.6% annually. In 2021, Malaysia ranked 7th in the world, with Germany ahead at 21.6 million kilograms. Thailand, Slovenia and Spain respectively ranked 2nd, 3rd and 4th in the ranking.