The fish farming production in Indonesia reached 13.892 million metric tons in 2023. The trend over the past five years shows a clear decline, with a decrease in volume year-on-year. In 2023, there was a 2.36% reduction in fish farming production compared to the previous year. The Compound Annual Growth Rate (CAGR) for the last five years stands at -2.51%, indicating an average annual decrease in production.
Looking at future trends, the forecasted data suggests a continued decline in fish farming production up to 2028, with an anticipated 5-year CAGR of -1.99% and an overall decline of 9.58% from 2023 to 2028.
Future trends to watch for include advancements in aquaculture technology, potential government interventions to stabilize or boost production, and the impact of environmental changes on fish farming sustainability. These factors could influence the trajectory of fish farming production in Indonesia.
