Key Market Indicators
**Australian Fish Production Set for Steady Growth** Australian fish production is projected to reach approximately 162,000 metric tons by 2028, up from around 133,000 metric tons in 2023. This marks an annual growth rate of 3.1%. Historical data shows that since 1965, Australia's fish supply has surged by 6.8% annually. **Fish Consumption on the Rise** On the consumption front, Australians are expected to consume nearly 163,000 metric tons of fish by 2028, compared to about 152,000 metric tons in 2023. This represents an average annual growth rate of 1.1%. Since 2019, fish demand in Australia has increased by 1.5% each year. In 2023, Australia ranked 32nd globally in fish consumption. South Africa led with a similar figure of around 152,000 metric tons. The top three nations in this category were Japan, the Philippines, and Thailand, respectively.
