Key Market Indicators
Solomon Islands' fish production is projected to increase to approximately 13,000 metric tons by 2028, up from around 12,500 metric tons in 2023. This represents an average annual growth rate of 0.6%. Since 1989, the nation's fish supply has surged by nearly 18% annually. In contrast, fish consumption in the Solomon Islands is expected to decline. By 2028, consumption is anticipated to drop to about 10,800 metric tons, down from 11,600 metric tons in 2023. This marks an average annual decrease of 1.1%. Since 2019, the country's fish demand has been decreasing at an average rate of 1.3% per year. In 2023, the Solomon Islands ranked 108th in global fish consumption, with Myanmar surpassing it at 11,600 metric tons. Leading the rankings are Japan, the Philippines, and Thailand, occupying the second, third, and fourth spots respectively.
