Key Market Indicators
New Caledonia's fish production is projected to grow to approximately 1,530 metric tons by 2028, marking a modest increase from 1,450 metric tons in 2023. This growth represents a compound annual growth rate (CAGR) of 0.9%. However, it is noteworthy that since 1988, the supply has been on a downward trend, decreasing by 2.2% annually. On the consumption front, New Caledonians are expected to consume around 4,280 metric tons of fish by 2028, up from 4,150 metric tons in 2023. This reflects an average annual growth rate of 0.5%. Since 2019, fish demand in the country has risen by 0.6% per year. In 2023, New Caledonia ranked 131st globally in fish consumption, with Suriname surpassing it at 4,150 metric tons. Leading the rankings were Japan, the Philippines, and Thailand, which held the second, third, and fourth positions, respectively.
