Key Market Indicators
**Thai Fish Production to Hit 1.1 Million Metric Tons by 2028** Thailand's fish production is projected to reach approximately 1.1 million metric tons by 2028, up from around 1 million metric tons in 2023. This marks an average annual growth rate of 1%. Historically, the nation's fish supply has increased by 2.2% per year since 1965. In 2023, Thailand ranked 11th globally in fish production, with Ecuador slightly ahead at the same production level of around 1 million metric tons. Leading the global rankings, Indonesia, India, and Bangladesh held the 2nd, 3rd, and 4th positions, respectively. **Fish Consumption in Thailand to Exceed 1 Million Metric Tons by 2028** Thailand's fish consumption is also on the rise. Projections indicate that consumption will reach approximately 1 million metric tons by 2028, up from about 884 thousand metric tons in 2023. This reflects an average annual growth rate of 2.2%. Since 2019, Thai fish demand has grown by an average of 3.1% per year, underscoring the increasing appetite for fish in the country.
