Key Market Indicators
Nigerien fish production is poised for significant growth, projected to reach approximately 830 metric tons by 2028. This marks an increase from around 620 metric tons in 2023, with an average annual growth rate of 4.7%. Since 1989, the country's fish supply has experienced a robust annual growth rate of 12%. In tandem with production, Nigerien fish consumption is also expected to rise. Consumption is forecasted to hit nearly 5,000 metric tons by 2028, up from about 4,100 metric tons in 2023. This represents a compound annual growth rate (CAGR) of 3%. Since 2019, the demand for fish in Niger has seen an annual increase of 4.8%. On the global stage, Japan, the Philippines, and Thailand are notable competitors, securing the second, third, and fourth ranks respectively in fish consumption.
