Freshwater fish production in Brazil has seen several fluctuations over the years. Starting with 705.35 thousand metric tons in 2014, it experienced a slight decline in 2015, followed by modest growth in the subsequent years until 2018 when it stabilized at 732.76 thousand metric tons. However, 2020 saw a significant dip to 611.86 thousand metric tons, a decrease of 16.74% year-on-year. The production bounced back impressively in 2021 by 14.81%, reaching 702.47 thousand metric tons. Fast-forward to 2023, production climbed to 743.83 thousand metric tons, marking a year-on-year increase of 0.29%
Notably, the average growth rate over the last five years (2019-2023) indicates a mild but positive trend with a CAGR of 0.3%. Forecasts suggest a steady though modest growth, projecting 752.99 thousand metric tons by 2028, reflecting a forecasted 5-year CAGR of 0.25% and an overall growth rate of 1.26%.
Future trends to watch for include the impact of climate change on freshwater resources, advancements in aquaculture technologies, governmental policies supporting sustainable practices, and market demand for freshwater fish both domestically and for export. Monitoring these factors will provide deeper insights into potential variations and growth opportunities in Brazil's freshwater fish production sector.
