
Philippines - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPhilippines: Frozen Freshwater Fish Market 2025
Frozen Freshwater Fish Market Size in the Philippines
In 2021, the Philippine frozen freshwater fish market decreased by -17.7% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption recorded a relatively flat trend pattern. Frozen freshwater fish consumption peaked at $X in 2020, and then declined rapidly in the following year.
Frozen Freshwater Fish Production in the Philippines
In value terms, frozen freshwater fish production totaled $X in 2021 estimated in export price. Overall, production saw a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 48% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.
Frozen Freshwater Fish Exports
Exports from the Philippines
In 2021, approx. X tons of frozen freshwater fish were exported from the Philippines; stabilizing at the previous year's figure. Overall, exports saw significant growth. The smallest decline of -14.6% was in 2019. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the near future.
In value terms, frozen freshwater fish exports stood at $X in 2021. Over the period under review, exports posted a significant increase. The smallest decline of -13% was in 2019. The exports peaked in 2021 and are likely to see gradual growth in years to come.
Exports by Country
The United States (X tons) was the main destination for frozen freshwater fish exports from the Philippines, accounting for a 48% share of total exports. Moreover, frozen freshwater fish exports to the United States exceeded the volume sent to the second major destination, Thailand (X tons), twofold. The third position in this ranking was held by Canada (X tons), with a 9.2% share.
From 2013 to 2021, the average annual growth rate of volume to the United States totaled +71.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-1.5% per year) and Canada (+71.0% per year).
It was followed by Canada, with a 9.2% share.
From 2013 to 2021, the average annual growth rate of value to the United States amounted to +43.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+18.7% per year) and Canada (+53.1% per year).
Export Prices by Country
The average frozen freshwater fish export price stood at $X per ton in 2021, leveling off at the previous year. In general, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when the average export price increased by 31% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2021, the countries with the highest prices were Australia ($X per ton) and the United States ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) and China ($X per ton) were amongst the lowest.
From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+20.5%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Freshwater Fish Imports
Imports into the Philippines
In 2021, overseas purchases of frozen freshwater fish increased by 20% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 199%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.
In value terms, frozen freshwater fish imports skyrocketed to $X in 2021. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 243% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.
Imports by Country
In 2021, China (X tons) constituted the largest supplier of frozen freshwater fish to the Philippines, accounting for a 88% share of total imports. Moreover, frozen freshwater fish imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. The third position in this ranking was held by Japan (X tons), with a 2.7% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +32.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+10.6% per year) and Japan (+35.4% per year).
In value terms, China ($X) constituted the largest supplier of frozen freshwater fish to the Philippines, comprising 88% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 5.6% share of total imports. It was followed by Japan, with a 2.7% share.
From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +68.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+21.8% per year) and Japan (+35.0% per year).
Import Prices by Country
The average frozen freshwater fish import price stood at $X per ton in 2021, increasing by 23% against the previous year. Overall, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 90%. The import price peaked in 2021 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Vietnam ($X per ton) and Japan ($X per ton), while the price for China ($X per ton) and Indonesia ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the frozen freshwater fish market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10201360 - Frozen whole fresh water fish
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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