Key Market Indicators
Malawian fish production is projected to climb to approximately 12,400 metric tons by 2028, up from around 10,600 metric tons in 2023. This marks an average annual growth rate of 2.4%. Historically, since 1979, the nation's fish supply has expanded at an average rate of 3.4% annually. On the consumption front, Malawian fish intake is expected to reach 870 metric tons by 2028, rising from 770 metric tons in 2023. This represents a compound annual growth rate (CAGR) of 2%. Since 2019, the country's fish demand has surged by 2.5% each year. In 2023, Malawi ranked 158th in global fish consumption, with Turkmenistan narrowly ahead at the same level of 770 metric tons. Leading the rankings were Japan, the Philippines, and Thailand, occupying the second, third, and fourth positions respectively.