Freshwater fish demand in Vietnam experienced fluctuations from 2014 to 2023, with a notable increase after a dip in 2020. In 2023, the demand stood at 1.53 million metric tons, growing 1.31% year-on-year. The average annual growth (CAGR) over the last 5 years was 1.29%. Projections indicate a continued steady growth, reaching 1.63 million metric tons by 2028, reflecting a forecasted 5-year CAGR of 1.05%.
Future trends to watch for:
- Potential impacts of climate change on fish habitats and supply.
- Technological advancements in aquaculture increasing productivity.
- Shifts in consumer preferences toward sustainable and locally-sourced fish.
- Regulatory changes and government initiatives supporting the aquaculture sector.