Total aquaculture production in Indonesia stood at 17,024 trillion USD in value for 2023. The market has demonstrated a variable growth pattern over recent years, with significant fluctuations from year to year. From 2020 to 2023, the year-on-year growth rates were -13.94%, 19.39%, 9.52%, and 3.81%, respectively. The Compound Annual Growth Rate (CAGR) over the last five years stands at 4.68%. Looking ahead, the forecast indicates a continued upward trend with an estimated CAGR of 2.77% between 2024 and 2028.

Future trends to watch for in the Indonesian aquaculture sector include:

Technological advancements in aquaculture practices that could enhance efficiency and yield.
Increasing domestic and international demand for sustainable aquaculture products.
Impact of regulatory changes and environmental factors on production capacity.