Forecast: Freshwater Fish Demand in Tanzania

From 2014 to 2023, freshwater fish demand in Tanzania exhibited an overall growth pattern with fluctuations. The demand increased significantly by 20.70% from 2014 to 2015 and showed a relatively stable growth thereafter with some minor declines, notably in 2020 with a -3.51% change. In 2023, the demand stood at 331.22 Thousand Metric Tons, reflecting a year-on-year increase of 1.41% and a CAGR of 1.55% over the last five years. Moving forward, there is a forecasted steady growth with a 5-year CAGR of 1.12% and a total growth rate of 5.73% from 2023 to 2028.

Future trends to watch for:

  • Policy changes impacting fishery regulations and sustainable practices.
  • Technological advancements in aquaculture to boost local fish production.
  • Socio-economic factors like population growth and dietary shifts increasing fish consumption.

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