Key Market Indicators
Hungarian salmon import is forecasted to grow at a compound annual growth rate of 2.8% between 2021 and 2026, reaching $8.4 million. Since 2000, the market has grown at a rate of 2.4% annually. Hungarian fish production is estimated to increase 0.9% year-on-year on average, reaching 19,010 metric tons by 2026. Compared to 1965, production has jumped by 1.8% year-on-year. In 2021, Croatia ranked higher than Hungary with 17,780 metric tons, followed by Indonesia, India and Vietnam. Fish consumption in Hungary is estimated to reach 15,100 metric tons by 2026, a 1.3% compound annual growth rate since 2021. Since 2017, demand has risen by 0.4% year-on-year.
Hungary Fish Farming Market Data and Forecasts
How much will Hungary Fish Farming Market grow to 2026?
Improve your Knowledge with the latest Indicators and Trends
An analysis of seasonal comprehensive and standard reports highlights several important trends in Vietnam's fishery industry. Predominantly, the industry continues to grow remarkably in its contribution to the national GDP. Notably, aquaculture - farming of fish, crustaceans, and aquatic plants, sees the fastest pace of growth. Also, the reports indicate...Read more
Over the years, there has been significant expansion in aquatic agriculture, driven by increasing global demand for seafood and the decline in capture fisheries. The industry has witnessed steady growth rates estimated to outpace the growth of land-based agriculture. Technological advancement and innovation within the sector, emphasizing sustainability, efficiency, and...Read more
The international exchange of fish and seafood goods is displaying an upward trajectory propelled by robust consumer demand. The significant role of globalization and technology advancements in transportation and preservation techniques have galvanized cross-border trade. Aquaculture, or fish farming, is emerging as a prosperous segment supplying a substantial portion of...Read more
At present, the global market of fish processing is underpinned by an escalating demand for processed fish products, largely due to enhancing health consciousness and a growing preference for ready-to-eat meals. It also benefits from consistent technological advancements which are largely focused on enhancing the efficiency and sustainability of fish...Read more