Key Market Indicators
Cabo Verde's fish consumption is projected to decrease significantly over the next five years. By 2028, the nation's fish consumption is expected to drop to 940 metric tons, down from 1,430 metric tons in 2023. This represents an average annual decline of 6.6%. The downward trend in fish consumption has been ongoing since 2019, with an average annual decrease of 4.8% during this period. As of 2023, Cabo Verde ranked 153rd globally in fish consumption. Dominica has surpassed Cabo Verde, also recording a consumption of 1,430 metric tons. In the global rankings, Japan, the Philippines, and Thailand hold the second, third, and fourth positions, respectively, in fish consumption.