Key Market Indicators
Peruvian fish production is projected to reach approximately 210,000 metric tons by 2028, up from around 167,000 metric tons in 2023. This marks an average annual growth rate of 3.7%. Historical data reveals that since 1973, Peruvian fish supply has increased at an average annual rate of 3.4%. In 2023, Peru ranked 28th globally in fish production, with Pakistan overtaking it at the same output level. The leading countries in this sector were Indonesia, India, and Bangladesh, occupying the second, third, and fourth positions, respectively. On the consumption front, Peruvian fish consumption is expected to rise to approximately 483,000 metric tons by 2028, up from about 463,000 metric tons in 2023. This represents an average annual growth rate of 0.8%. Since 2019, the demand for fish in Peru has grown by 1% annually.