Key Market Indicators
Burmese fish production is projected to plummet to approximately 421,000 metric tons by 2028, down from around 831,000 metric tons in 2023. This marks a sharp annual decline of nearly 11%. Historical data since 1965 indicates a consistent annual reduction of about 6%. Fish consumption in Burma is also on a downward trajectory. It is expected to drop to about 12,000 metric tons by 2028 from roughly 13,000 metric tons in 2023. This reflects an annual decrease of around 1.6%. Since 2019, the demand for fish in Burma has fallen by approximately 1.8% each year. In 2023, Burma ranked 107th in fish consumption globally. Uruguay surpassed Burma with a consumption of around 13,000 metric tons. Japan, the Philippines, and Thailand occupied the second, third, and fourth spots, respectively, in the global ranking.