Key Market Indicators
Spain's shrimp imports are forecast to reach 174 million kilograms by 2026 – up from 168.3 million kilograms in 2021 – growing at an average of 0.6% year-on-year. Since 1994, Spanish demand has increased by an average of 0.8% year-on-year. In 2021, China topped the ranking of shrimp imports with 168.3 million kilograms, closely followed by Spain, Japan and India. Spain's shrimp exports are also predicted to grow, reaching 47.1 million kilograms by 2026 from 42.3 million kilograms in 2021, with a year-on-year compound annual growth rate of 1.7%. Since 1994, the country's supply of shrimp has grown by 1.6% year-on-year. In 2021, Saudi Arabia topped the ranking with 42.3 million kilograms, closely followed by Ecuador, Argentina and Indonesia.
