Key Market Indicators
India was the second-largest consumer in the world, behind China in 2021. Indian salmon imports are projected to reach nearly $4.01 million by 2026. This represents an average growth of 4.7% from 2021 levels of $2.98 million. Since 2002, the Indian market has grown by 34.5% year-on-year. Fish production in India is expected to reach 8.57 million metric tons by 2026. This is a 2.5% growth from 2021 levels of 7.28 million metric tons. Since 1965, Indian supply has increased by 5% year-on-year, with India ranking third in 2021. Indonesia and Vietnam led the rankings with 7.28 and 4.14 million metric tons, respectively. Indian fish consumption is projected to decrease to 441,900 metric tons by 2026. This is a 4.9% decline from 2021 levels of 583,130 metric tons. Since 2017, Indian demand has dropped by 6.5% year-on-year. In 2021, India was the second-largest consumer in the world behind China.
