Key Market Indicators
Macedonia's Fish Trade Balance is set to reach -3.12 Thousand Metric Tons by 2026 from -3.47 Thousand Metric Tons in 2021, with a negative growth rate of 1.7%. Since 1997, the country's trade balance decreased by 5.3% year on year. Macedonia is projected to produce 1,460 metric tons of fish by 2026. This would be an increase of 0.9% year-on-year, starting at 1,360 metric tons in 2021. Since 1997, production has grown by 6.6% per year on average. In 2021, Macedonia placed 117th in the ranking of global fish production, with New Caledonia in first place at 1,360 metric tons. Indonesia, India, and Vietnam took second, third, and fourth place, respectively. Consumption is expected to drop to 4.58 thousand metric tons in 2026, down 1.1% year-on-year from 4.83 thousand metric tons in 2021. Since 2017, demand has decreased by 2.1% each year. The trade balance of Macedonia is projected to reach -3.12 thousand metric tons by 2026, a decrease of 1.7% year-on-year from -3.47 thousand metric tons in 2021. From 1997 to present, the trade balance has decreased by 5.3% year-on-year.