Key Market Indicators
Dominican Fish Production is poised to reach 1.1 metric tons by 2028, maintaining a consistent compound annual growth rate (CAGR) from its 2023 level of 1 metric ton. In contrast, fish consumption in the Dominican Republic is projected to increase. By 2028, consumption is expected to hit 1,550 metric tons, up from 1,520 metric tons in 2023, reflecting a 0.4% annual growth rate. This trend has been evident since 2019, with a year-on-year increase of 0.8%. In 2023, the Dominican Republic ranked 152nd in fish consumption globally. Lesotho surpassed the Dominican Republic with a consumption level of 1,520 metric tons. Leading the global rankings were Japan, the Philippines, and Thailand, occupying the second, third, and fourth positions respectively.
