Key Market Indicators
The country came in number 26 in 2021, Thailand overtook with 114.95 Thousand Metric Tons. China, India and Japan respectively were numbers 2, 3 and 4 in this ranking. Fish production in Saudi Arabia is expected to reach nearly 97,000 metric tons by 2026, growing at a 3.8% average rate each year. Since 1991, supply has increased by 13.6% each year. In 2021, Saudi Arabia was ranked 39th in the world for production, with Ghana overtaking them to take 38th place. Indonesia, India, and Vietnam were ranked second, third, and fourth, respectively. Meanwhile, Saudi Arabia is expected to consume 105,880 metric tons of fish by 2026, a decrease of 1.6% from 2021's 114,950 metric tons. Since 2017, demand has decreased by 3.1% year on year. In 2021, Saudi Arabia was ranked 26th in the world for consumption, with Thailand overtaking them for 25th place. China, India, and Japan were ranked second, third, and fourth, respectively.
Saudi Arabia Fish Farming Market Data and Forecasts
How much will Saudi Arabia Fish Farming Market grow to 2026?
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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