Key Market Indicators
Bangladesh's fish production is projected to climb to over 3 million metric tons by 2028, up from approximately 2.75 million metric tons in 2023. This represents an average annual growth rate of 1.5%. Since 1965, the country's fish supply has seen a steady increase, growing at an average rate of 2.8% per year. In 2023, Bangladesh ranked fourth globally in fish production, trailing India, which also produced around 2.75 million metric tons. The leading nations in this sector for that year were Indonesia, India, and Bangladesh, in that order. On the consumption side, Bangladeshi fish consumption is expected to rise to about 84.6 thousand metric tons by 2028, up from 82.9 thousand metric tons in 2023. This growth is forecasted at an average rate of 0.4% per year. Since 2019, the country's fish demand has similarly increased by 0.4% annually, reflecting a consistent upward trend in fish consumption.
