| Product Code: ETC386489 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Philippines Freshwater Fish market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Philippines freshwater fish market is a vital component of the country`s food industry, providing a significant source of protein for its population. With abundant inland water resources, the Philippines has a rich variety of freshwater fish species that are an integral part of local diets. From tilapia and catfish to carp and milkfish, these species are widely consumed and contribute to the nutritional security of many communities. The market extends from local wet markets to supermarkets, reflecting the demand for both live and processed freshwater fish. As dietary preferences evolve and consumer awareness of sustainable sourcing grows, the freshwater fish market is undergoing changes to ensure the responsible management of aquatic resources.
The freshwater fish market in the Philippines is driven by the country`s numerous lakes, rivers, and reservoirs that support freshwater fish farming. These fish are a staple in Filipino diets and are often more affordable than marine fish. Additionally, the market is influenced by traditional fishing practices and regional cuisines.
The Philippines freshwater fish market encounters challenges related to habitat preservation and environmental degradation. Ensuring the sustainability of freshwater fish populations requires responsible fishing practices and safeguarding aquatic ecosystems. Controlling pollution, habitat destruction, and water scarcity are key challenges. Balancing the demand for freshwater fish with the need to protect aquatic biodiversity is essential for the long-term viability of the market.
The COVID-19 pandemic had varying effects on the Philippines freshwater fish market. Movement restrictions initially disrupted the supply chain and distribution of freshwater fish, affecting market availability. However, the demand for affordable and locally sourced protein remained steady, leading to a gradual recovery. Small-scale freshwater fish farmers faced challenges due to disruptions in feed supply and reduced access to markets. The crisis underscored the importance of strengthening local food systems and enhancing resilience in the freshwater fish farming sector.
In the Philippines freshwater fish market, local fish farmers, cooperative groups, and private companies play key roles. Entities such as the Philippine Fishpond and Prawn Culture Association Inc. (PFPCAI) are engaged in promoting and advancing the freshwater fish farming industry. Small-scale farmers and local markets are also important contributors to the distribution of freshwater fish.
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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