Key Market Indicators
The country was number 83 in 2021 with 4.32 Thousand Metric Tons, surpassed by Afghanistan. India, Indonesia and Vietnam respectively took the places of 2, 3 and 4 in this ranking. Fish production in Cyprus is expected to reach about 9,400 metric tons by 2026, up from 7,900 tons in 2021, according to a new report. This translates to an average annual growth rate of 2.6% since 1979. In 2021, Cyprus was the 82nd largest producer of fish, with Afghanistan taking the top spot. Indonesia, India and Vietnam held the second, third and fourth positions, respectively. Meanwhile, consumption of fish in Cyprus is predicted to drop to 4,090 metric tons by 2026, down from 4,320 tons in 2021, at a yearly average rate of 1.2%. Since 2017, demand has decreased by 2.8%. In 2021, Cyprus was the 83rd largest consumer of fish, with Afghanistan taking the lead. India, Indonesia and Vietnam followed in the second, third and fourth spots.
Cyprus Fish Farming Market Data and Forecasts
How much will Cyprus 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