Key Market Indicators
Malian fish production is projected to rise significantly, reaching approximately 15,200 metric tons by 2028, up from around 10,500 metric tons in 2023. This marks an average annual growth rate of 5.8%. Historical data shows a robust increase in supply, with a 14.6% year-on-year rise since 1989. In contrast, fish consumption in Mali is expected to decline. By 2028, consumption is forecasted to drop to roughly 5,600 metric tons, down from 6,300 metric tons in 2023. This represents an annual decrease of 1.7% on average. The demand for fish in Mali has been falling since 2019, with a 2.5% year-on-year decrease. In 2023, Mali ranked 123rd globally in terms of fish consumption, with Kiribati surpassing it at 6,300 metric tons. Leading the global rankings were Japan, the Philippines, and Thailand, occupying the second, third, and fourth positions respectively.
