In 2023, Peru led global pelagic fish production, maintaining a strong position with a notable 1.91% year-on-year increase. Indonesia and China closely followed, albeit with declines, indicating potential shifts in Asian production dynamics. Vietnam and Mauritius presented significant growth rates of 5.79% and 3.55%, respectively, showcasing their emerging roles in the market. Among other significant players, Morocco and Iran displayed moderate growth, whereas areas like Chile and the United States faced challenges with negative growth rates. Diverse regional trends highlight varying economic, environmental, and policy-driven factors impacting pelagic fish production.
Future trends to watch include technological advancements in sustainable fishing and aquaculture practices, regulatory changes, and the impacts of climate change on fish populations. Countries like Vietnam and Mauritius are likely to maintain growth momentum, while traditional leaders may need strategic adaptations to address environmental pressures and market demands.
Top countries in Pelagic Fish Production by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Peru | 3,970 | 2023 | +1.73% | +1.91% | View data |
| 2 | 2 Indonesia | 3,290 | 2023 | +0.27% | -0.013% | View data |
| 3 | 3 China | 3,280 | 2023 | -1.45% | -1.41% | View data |
| 4 | 4 Japan | 2,240 | 2023 | +0.13% | +0.091% | View data |
| 5 | 5 India | 1,570 | 2023 | -0.37% | -0.63% | View data |
| 6 | 6 Chile | 1,380 | 2023 | -1.09% | -1.64% | View data |
| 7 | 7 Russia | 1,220 | 2023 | +1.5% | +1.48% | View data |
| 8 | 8 Morocco | 1,170 | 2023 | +0.1% | +0.17% | View data |
| 9 | 9 Philippines | 1,170 | 2023 | -1.8% | -1.71% | View data |
| 10 | 10 United States | 936.99 | 2023 | -1.05% | -0.81% | View data |
