Forecast: Freshwater Fish Production in Malaysia

Freshwater fish production in Malaysia stood at 167.62 thousand metric tons in 2023, reflecting a slight year-on-year decline of 0.45%. The overall trend since 2014 has been moderately fluctuating, with a notable dip in 2016 and intermittent growth and declines in the subsequent years. The five-year compound annual growth rate (CAGR) up to 2023 shows a slight decrease of 0.58% on average per year.

From 2024 onwards, the forecasted data indicates a continued gradual decline in production, with a forecasted five-year CAGR of -0.37%, totaling an overall drop of 1.83% by 2028. This suggests a trend of diminishing freshwater fish yield over the next half-decade.

Future trends to watch for include potential impacts of climate change on fish habitats, technological advancements in aquaculture, and government policy changes aimed at boosting fish production. Monitoring these factors will be crucial in understanding and potentially mitigating the forecasted decline in freshwater fish production.

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