Key Market Indicators
Fijian fish production is projected to experience a slight decline, decreasing from approximately 242 metric tons in 2023 to around 241 metric tons by 2028. This represents an average annual reduction of 0%. Historical data since 1989 indicates a more significant downward trend, with the supply falling by nearly 12% year on year. On the consumption side, Fijian fish demand is expected to remain relatively stable. By 2028, fish consumption is forecasted to reach roughly 15,290 metric tons, marginally down from 15,300 metric tons in 2023. This suggests a flat growth rate of 0% annually. Since 2019, there has been a slight upward trend in fish consumption in Fiji, increasing by an average of 0.1% each year. This modest rise contrasts with the long-term decline in production, highlighting a potential concern for the balance between supply and demand in the coming years.