Key Market Indicators
Australia's seafood import market is projected to reach approximately $899 million by 2028, marking a steady increase from about $844 million in 2023. This growth represents an average annual increase of 1%. Despite this upward trend, Australian demand for seafood has experienced a slight decline since 2000, with a year-on-year decrease of 0.2%. In 2023, Australia ranked 10th in global seafood imports, with Malaysia surpassing it with imports valued at around $844 million. France, Sweden, and Germany held the second, third, and fourth positions, respectively, in the same ranking.
