The share of aquaculture in Norway's national fish production has shown a steady increase over the years. As of 2023, the share was recorded at 83.40%. From 2024 to 2028, forecasted data indicate a consistent annual growth, with values anticipated to rise from 84.43% in 2024 to 88.44% in 2028. This trend reflects an annual growth rate (CAGR) of approximately 1.45% over the coming five years.
- 2024: 84.43%
- 2025: 85.46% (YoY increase: 1.22%)
- 2026: 86.47% (YoY increase: 1.18%)
- 2027: 87.46% (YoY increase: 1.14%)
- 2028: 88.44% (YoY increase: 1.12%)
Future trends to watch for include advancements in aquaculture technologies, sustainable practices, and regulatory changes that may further impact the growth rates. Additionally, environmental and economic factors could play a significant role in shaping the aquaculture sector's contribution to national fish production by either accelerating or decelerating this growth trajectory.
