The freshwater fish production in Africa showed a steady increase from 2014 to 2023, reaching 4.51 million metric tons in 2023. Year-on-year variations reveal fluctuations, such as a decrease in 2015 (-0.25%) and a notable increase in 2016 (5.21%). The last two years prior to 2023 saw moderate growth with a year-on-year increase of 5.9% in 2022 followed by 0.59% in 2023. The five-year CAGR leading up to 2023 was 0.58%, indicating a steady upward trend over the recent past.
Future trends to watch for include:
- A forecasted five-year CAGR of 0.49% through 2028, suggesting continued but moderate growth.
- Overall forecast growth of 2.46% from 2023 to 2028, indicative of a stable demand and expansion of the freshwater fish production industry in Africa.