Key Market Indicators
Barbadian fish production is projected to decline slightly over the next five years. By 2028, production is expected to reach roughly 25 metric tons, down from approximately 25 metric tons in 2023. This represents a modest annual decrease of 0.2%. Since 2011, the country's fish supply has experienced a similar annual decline of 0.2%. In contrast, fish consumption in Barbados is on the rise. Consumption is anticipated to hit 7,600 metric tons by 2028, up from 7,400 metric tons in 2023. This marks an average annual growth of 0.5%. Since 2019, the nation's demand for fish has increased by 0.2% each year. In 2023, Barbados ranked 117th in global fish consumption, with Samoa slightly ahead at the same consumption level of 7,400 metric tons. Leading the ranking were Japan, the Philippines, and Thailand, occupying the second, third, and fourth positions, respectively.
