Key Market Indicators
Jamaica's fish production is projected to maintain a steady output of approximately 1,200 metric tons annually from 2023 to 2028. This stability follows a significant long-term decline, with the supply decreasing by an average of 5.8% per year since 1982. On the consumption front, Jamaica is expected to see a slight decline. Fish consumption is forecasted to drop to around 23,280 metric tons by 2028, down from 23,530 metric tons in 2023. This represents an average annual decrease of 0.1%. The downward trend in demand has been ongoing since 2019, with an average yearly decrease of 0.3%. In 2023, Jamaica ranked 85th in global fish consumption, with Nicaragua slightly ahead at 23,530 metric tons. Leading the rankings were Japan, the Philippines, and Thailand, taking the second, third, and fourth spots respectively.
