Key Market Indicators
Indonesia's fish production is projected to decline over the next five years, decreasing from approximately 13.9 million metric tons in 2023 to around 12.3 million metric tons by 2028. This represents an average annual reduction of 2%. Historically, the nation's fish supply has been on a downward trend, falling by 2.5% each year since 1965. In contrast, fish consumption in Indonesia is expected to experience a slight uptick. By 2028, consumption is anticipated to reach 3.2 million metric tons, up from 3.1 million metric tons in 2023. This growth equates to an average annual increase of 0.4%. Notably, since 2019, the demand for fish in Indonesia has risen by an average of 0.2% per year. On a regional scale, Japan, the Philippines, and Thailand hold the second, third, and fourth positions, respectively, in fish consumption rankings.
