Key Market Indicators
Liberia's fish production is projected to reach approximately 375 metric tons by 2028, up from 304 metric tons in 2023. This translates to an annual growth rate of 3.4%. Historical data indicates that since 1987, the country's fish supply has increased by an average of 4.8% per year. In contrast, fish consumption in Liberia is expected to decline. By 2028, the nation's fish consumption is forecasted to drop to around 7,420 metric tons, down from 9,500 metric tons in 2023. This represents an average annual decrease of 3.9%. Since 2019, demand for fish in Liberia has been falling at a rate of 3.2% per year. In the global context, Liberia ranked 113th in fish consumption in 2023. Albania, with a consumption of 9,500 metric tons, was just ahead of Liberia in the rankings. Japan, the Philippines, and Thailand occupied the second, third, and fourth positions, respectively, in global fish consumption.