Forecast: Fish Meal Supply in South Korea

The fish meal supply in South Korea has been forecasted to remain steady at 126.0 thousand metric tons for the years 2024 through 2028. Compared to 2023, where the fish meal supply stood at 126.0 thousand metric tons, there is no year-on-year variation observed for the forecast period. This indicates a stable supply trend with no anticipated changes in volume over the next five years. The CAGR over the last five years is 0%, reflecting consistency in supply.

Future trends to watch for:

  • Potential impacts of climate change on fish stocks, which may affect the raw materials for fish meal production.
  • Technological advancements in fish farming and meal production, possibly influencing supply stability.
  • Government policies and international regulations that might affect fish meal trade dynamics.

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