Key Market Indicators
**Serbian Fish Production to See Modest Growth by 2028** Serbian fish production is projected to increase to 7,200 metric tons by 2028, up from 6,900 metric tons in 2023, marking a modest annual growth rate of 0.6%. This follows a decade-long trend where the country's fish supply has seen a yearly decline of 1.2% since 2011. In 2023, Serbia ranked 85th globally in fish production, with Panama surpassing it at 6,900 metric tons. Leading the global rankings were Indonesia, India, and Bangladesh in the second, third, and fourth positions, respectively. **Fish Consumption in Serbia to Slightly Rise** On the consumption side, Serbian fish demand is forecasted to reach 23,500 metric tons by 2028, up from 23,300 metric tons in 2023. This represents a nominal annual growth rate of 0.2%. However, since 2019, the country's fish consumption has experienced a slight annual decline of 0.2%.
