Key Market Indicators
Omani fish production is forecasted to reach approximately 2,970 metric tons by 2028, up from around 2,270 metric tons in 2023. This represents an average annual growth rate of 3.7%. Since 2003, Oman's fish supply has seen a significant increase of 38.1% year on year. In terms of consumption, Oman is projected to consume about 52,000 metric tons of fish by 2028, compared to roughly 50,000 metric tons in 2023. This indicates a compound annual growth rate of 0.7%. Since 2019, Omani demand for fish has risen by 1% annually. In 2023, Oman ranked 61st in global fish consumption, with Finland surpassing it at approximately 50,000 metric tons. The top spots in this ranking were held by Japan, the Philippines, and Thailand, which occupied the second, third, and fourth positions respectively.
