Philippines Mackerel Market (2025-2031) Outlook | Trends, Industry, Companies, Forecast, Revenue, Growth, Size, Value, Share & Analysis

Name: Philippines Mackerel Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Mackerel Market, Philippines Mackerel Market, Philippines Mackerel Market Revenues, Philippines Mackerel Market Share, Philippines Mackerel Market Size, Philippines Mackerel Market Outlook, Philippines Mackerel Market Report, Philippines Mackerel Market Competition, Philippines Mackerel Market Overview, Philippines Mackerel Market Trends, Philippines Mackerel Market Forecast

Market Forecast By Type (Atka Mackerel, Spanish Mackerel, Horse Mackerel, King Mackerel, Atlantic Mackerel, Pacific Mackerel), By Catch Type (Wild Catch, Aquaculture), By Form (Fresh Mackerel, Frozen And Processed Mackerel, Fresh Mackerel Fillets, Frozen Mackerel Fillets) And Competitive Landscape

Product Code: ETC387029	Publication Date: Aug 2022	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Philippines Mackerel Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Philippines experienced a robust 11.11% CAGR in mackerel imports from 2020 to 2024, with top exporters being China, Japan, New Zealand, South Korea, and Morocco. However, the industry faced a significant challenge in 2024 with a sharp -42.2% growth rate. Despite this, the market remains highly concentrated, with a high Herfindahl-Hirschman Index (HHI), indicating the dominance of key players in the mackerel import sector. Understanding the dynamics of these top exporting countries and addressing the recent growth decline will be crucial for stakeholders in the Philippines mackerel import market.

Philippines Mackerel Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Philippines Export Potential Assessment For Mackerel Market (Values in USD Thousand)

philippines mackerel market Synopsis

The Philippines mackerel market is an integral part of the country`s seafood industry. Mackerel, a popular and economically significant fish, holds a prominent place in the Philippines` fisheries sector. The market for mackerel is characterized by its high demand both domestically and internationally. Filipinos have a strong appetite for mackerel due to its affordability, nutritional value, and versatility in various dishes. Additionally, the Philippines exports a considerable portion of its mackerel catch to global markets, contributing to its economy. The mackerel market`s growth is influenced by factors such as changing consumer preferences, international trade dynamics, and environmental regulations that aim to ensure sustainable fishing practices.

Drivers of the Market

The Philippines mackerel market has flourished due to mackerel`s affordability and nutritional value. Mackerel is a popular fish choice among Filipinos, as it is widely available and can be prepared in various ways. The rise in consumer awareness about the health benefits of consuming fatty fish has contributed to the sustained demand for mackerel products.

Challenges of the Market

The Philippines mackerel market encounters challenges due to fluctuations in global fish stocks and international regulations. Mackerel stocks can vary based on environmental conditions and fishing practices, leading to supply uncertainties. Additionally, compliance with international fishing regulations to ensure sustainable harvesting can impact the availability of mackerel for the local market. Finding a balance between fishing practices, stock management, and meeting consumer demand is essential.

COVID-19 Impact on the Market

The Philippines mackerel market experienced disruptions during the COVID-19 pandemic. Mackerel, often imported from various sources, faced supply chain challenges due to global trade disruptions. Movement restrictions and transportation difficulties impacted market availability and prices. The situation underscored the need for diversified sourcing strategies and highlighted the vulnerabilities of import-dependent markets.

Key Players in the Market

Companies involved in seafood processing and distribution are important in the Philippines mackerel market. Mega Fishing Corporation, which operates a fleet of fishing vessels, is a significant player in catching and processing mackerel and other pelagic fish species for domestic consumption and export.

Key Highlights of the Report:

Philippines Mackerel Market Outlook
Market Size of Philippines Mackerel Market, 2024
Forecast of Philippines Mackerel Market, 2031
Historical Data and Forecast of Philippines Mackerel Revenues & Volume for the Period 2021-2031
Philippines Mackerel Market Trend Evolution
Philippines Mackerel Market Drivers and Challenges
Philippines Mackerel Price Trends
Philippines Mackerel Porter's Five Forces
Philippines Mackerel Industry Life Cycle
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Atka Mackerel for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Spanish Mackerel for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Horse Mackerel for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By King Mackerel for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Atlantic Mackerel for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Pacific Mackerel for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Catch Type for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Wild Catch for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Aquaculture for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Form for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Fresh Mackerel for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Frozen And Processed Mackerel for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Fresh Mackerel Fillets for the Period 2021-2031
Historical Data and Forecast of Philippines Mackerel Market Revenues & Volume By Frozen Mackerel Fillets for the Period 2021-2031
Philippines Mackerel Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Catch Type
Market Opportunity Assessment By Form
Philippines Mackerel Top Companies Market Share
Philippines Mackerel Competitive Benchmarking By Technical and Operational Parameters
Philippines Mackerel Company Profiles
Philippines Mackerel Key Strategic Recommendations