Key Market Indicators
Namibian Fish Production is projected to rise to approximately 414 metric tons by 2028, up from around 396 metric tons in 2023. This represents a compound annual growth rate (CAGR) of 0.7%. Since 1995, the country's fish supply has seen an annual increase of 3%. On the consumption front, Namibian Fish Consumption is expected to reach about 19,000 metric tons by 2028, compared to roughly 18,000 metric tons in 2023. This marks a CAGR of 0.9%. Namibian demand for fish has grown by 1.2% annually since 2019. In 2023, Namibia ranked 93rd in fish consumption globally, being surpassed by Zimbabwe, which also consumed around 18,000 metric tons. Japan, the Philippines, and Thailand occupied the second, third, and fourth spots, respectively, in this ranking.
