Key Market Indicators
Mozambican fish production is projected to increase to approximately 3,270 metric tons by 2028, up from around 3,140 metric tons in 2023. This growth represents an average annual increase of 0.6%. Historical data indicates that since 1991, the country's fish supply has grown at a rate of 3.4% per year. In terms of fish consumption, Mozambique is expected to reach nearly 29,750 metric tons by 2028, a significant rise from the 24,950 metric tons recorded in 2023. This growth translates to a compound annual growth rate (CAGR) of 2.8%. Since 2019, the demand for fish in Mozambique has risen by 3.4% annually. In 2023, Mozambique ranked 82nd globally in fish consumption, with Kazakhstan surpassing it at the same consumption level of 24,950 metric tons. Japan, the Philippines, and Thailand held the second, third, and fourth positions, respectively, in the global ranking for fish consumption.