Key Market Indicators
Iraqi fish production is projected to reach approximately 25,100 metric tons by 2028, up from around 23,700 metric tons in 2023. This marks an average annual growth rate of 0.9%. However, since 1974, Iraq's fish supply has seen an annual decline of 1.7%. In terms of consumption, Iraq is expected to consume about 9,500 metric tons of fish by 2028, an increase from 8,100 metric tons in 2023. This represents an average yearly growth rate of 2.6%. Since 2019, fish demand in Iraq has risen by 4.4% annually. In 2023, Iraq ranked 114th in global fish consumption, with Liberia surpassing it with a consumption of 8,100 metric tons. The leading countries in fish consumption were Japan, the Philippines, and Thailand, holding the second, third, and fourth positions, respectively.