Key Market Indicators
Filipina shrimp import is expected to hit 6.4 million kilograms by 2026, up 3.3% year-on-year from 5.3 million kilograms in 2021. Since 2001, demand has grown 10.6% annually. The country ranked 34th in 2021, with Bulgaria coming in first at 5.3 million kilograms. China, Spain, and Japan respectively ranked 2nd, 3rd, and 4th. Meanwhile, Filipina shrimp export is forecast to reach 1.8 million kilograms by 2026, down 14% year-on-year from 4.2 million kilograms in 2021. Since 2001, supply has decreased 7.8% each year. The country ranked 32nd in 2021, with the United States topping the list at 4.2 million kilograms. Ecuador, Argentina, and Indonesia respectively ranked 2nd, 3rd, and 4th.
