Key Market Indicators
Mosotho's fish production plummeted in 2021, dropping by 42% to approximately 1,500 metric tons from around 2,600 metric tons in 2020. Despite this sharp decline, Mosotho has seen a general upward trend in fish supply since 1979, with an average annual increase of 7%. Looking ahead, Mosotho's fish consumption is projected to decrease steadily. It is expected to reach roughly 1,070 metric tons by 2028, down from about 1,710 metric tons in 2023. This represents an average annual decline of 7%. Since 2019, the nation's demand for fish has been falling by approximately 7% each year. In 2023, Mosotho ranked 151st in global fish consumption, with Grenada surpassing it at 1,710 metric tons. Japan, the Philippines, and Thailand held the second, third, and fourth positions, respectively, in this ranking.
