Key Market Indicators
Namibian shrimp exports are expected to climb to 71,130 kilograms by 2026, a 1.4% annual growth rate from 65,590 kilograms in 2021. Since 2005, Namibian supply has risen 11.6% year-on-year. The country ranked 65th in 2021, with Albania ahead of them at 65,590 kilograms. Ecuador, Argentina, and Indonesia respectively ranked 2nd, 3rd, and 4th in this ranking. Namibian shrimp imports are projected to reach 380,380 kilograms by 2026, a 2.3% average annual growth rate from 332,100 kilograms in 2021. Since 2005, Namibian demand has increased 2% year-on-year. The country came in 72nd in 2021, with Slovenia surpassing them at 332,100 kilograms. China, Spain, and Japan respectively ranked 2nd, 3rd, and 4th in this ranking.