Key Market Indicators
Benin's fish production is projected to hit 9,300 metric tons by 2028, up from approximately 6,900 metric tons in 2023. This represents an annual growth rate of 4.7%, continuing a trend that has seen Beninese fish supply increase by 5.5% annually since 1989. Meanwhile, fish consumption in Benin is expected to reach 15,600 metric tons by 2028, up slightly from 15,400 metric tons in 2023. This marks a modest average annual growth rate of 0.3%. Since 2019, the country's fish demand has grown by 1.1% per year. In 2023, Benin ranked 99th in global fish consumption, with Iceland surpassing it at the same consumption level of 15,400 metric tons. The leading countries in fish consumption were Japan, the Philippines, and Thailand, occupying the second, third, and fourth spots respectively.
