Key Market Indicators
Mongolia's fish consumption is projected to decline to approximately 900 metric tons by 2028, down from 1,120 metric tons in 2023. This represents an annual decrease of 3.4% in the compound annual growth rate (CAGR). Since 2019, Mongolia has seen a consistent drop in fish demand, averaging a 3.8% decline each year. In the global ranking for fish consumption in 2023, Mongolia was positioned at number 154, with Cape Verde slightly ahead at 1,120 metric tons. Leading the ranking, Japan, the Philippines, and Thailand secured the second, third, and fourth positions, respectively, in terms of fish consumption.
