In 2023, the export volume of freshwater fish in South Africa stood at approximately 3.67 thousand metric tons. According to the forecasted data, volume is expected to increase progressively from 3.72 thousand metric tons in 2024 to 3.91 thousand metric tons by 2028. This indicates a steady year-on-year growth, with the volume increasing by about 1.3% each year.
Based on the last two years, the variation can be observed as follows:- From 2023 to 2024: +1.3%- From 2024 to 2025: +1.3%- From 2025 to 2026: +1.3%- From 2026 to 2027: +1.3%- From 2027 to 2028: +1.0%
The Compound Annual Growth Rate (CAGR) over the five-year period between 2023 and 2028 is approximately 1.3%.
Future trends to watch for include potential impacts of climate change on freshwater resources, policy changes related to fishery management, and fluctuations in global demand for freshwater fish, which could further influence the export volumes.
