The 2023 data shows Cambodia leading in freshwater fish feed consumption with a 3.37% increase, standing at 62.56 thousand metric tons. Chile and Sri Lanka remained stable with no change, while Norway and Mali experienced declines of 4.9% and 3.74%, respectively. Over the last five years, the sector experienced variances in consumption with Cambodia seeing notable growth, while others like Norway and Mali faced reductions in yearly consumption.
Looking ahead to 2024, countries need to monitor several trends:
- An increase in demand for sustainable aquaculture practices could lead to shifts in feed types and volumes.
- Environmental policies might influence production and import practices, affecting market shares.
- Technological advancements in feed efficiency could alter consumption patterns across countries.
Top countries in Freshwater Fish Feed Share by Country (Thousand Metric Tons)
| # | 5 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cambodia | 62.56 | 2023 | +3.51% | +3.37% | View data |
| 2 | 2 Chile | 15.9 | 2023 | +2.27% | 0% | View data |
| 3 | 3 Norway | 12.37 | 2023 | -5.41% | -4.9% | View data |
| 4 | 4 Sri Lanka | 7.07 | 2023 | 0% | 0% | View data |
| 5 | 5 Mali | 1.66 | 2023 | -6.36% | -3.74% | View data |
