In 2023, Indonesia's capture fisheries production volume stood at 7.433 million metric tons. For 2024, forecasted production is at 7.546 million metric tons, reflecting a year-on-year increase of 1.52%. This upward trend continues through 2025 (1.52% increase), 2026 (1.47% increase), 2027 (1.44% increase), and 2028 (1.40% increase). Over this five-year period, the Compound Annual Growth Rate (CAGR) is approximately 1.47%. This steady growth highlights a consistent positive trend in fisheries production volume in Indonesia.
Future Trends to Watch For:
- Impact of climate change on fishing patterns and fish stock.
- Technological advancements in fishing techniques.
- Government policies on sustainable fishing practices.
- Market demand fluctuations both domestically and internationally.