Key Market Indicators
Australian Fish Production is projected to climb to approximately 162,000 metric tons by 2028, up from around 133,000 metric tons in 2023. This marks an annual growth rate of 3.1%. Historical data since 1965 shows a consistent increase, with Australian supply rising by an average of 6.8% each year. In the global rankings for 2023, Australia holds the 35th position in fish production. Italy slightly surpasses Australia with a matching output of approximately 133,000 metric tons. Leading the list are Indonesia, India, and Bangladesh, occupying the second, third, and fourth spots, respectively. On the consumption front, Australian Fish Consumption is anticipated to reach roughly 163,000 metric tons by 2028, up from about 152,000 metric tons in 2023. This represents an annual growth rate of 1.1%. Since 2019, the country's fish demand has seen a yearly increase of 1.5%.
