In 2023, China dominated global aquaculture production with a significant share. Vietnam, Chile, and Norway also held large shares, with Vietnam showing an impressive growth rate of 11.85%, followed by Malaysia’s remarkable 44.1% growth. On the other hand, countries like Indonesia, South Korea, and the United States faced declines. Iceland and Colombia demonstrated exceptional expansion, whereas Italy saw a decline. Over the last five years, the CAGR highlights robust growth in several countries, with Southeast Asia prominently contributing to global production.
Future trends to watch include increased technological advancements in aquaculture, sustainable practices, and expanding consumer demand in developing markets. Climate change and regulations will also impact growth strategies across the sector.
Top countries in Aquaculture Production of Marine and Partly-Marine Species Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 54.39 | 2023 | +2.73% | +3.42% | View data |
| 2 | 2 Vietnam | 8.73 | 2023 | +8.02% | +11.85% | View data |
| 3 | 3 Chile | 8.27 | 2023 | +7.34% | +3.07% | View data |
| 4 | 4 Norway | 7 | 2023 | +3.49% | +3.4% | View data |
| 5 | 5 Indonesia | 5.4 | 2023 | +2% | -0.77% | View data |
| 6 | 6 Malaysia | 2.78 | 2023 | +14.71% | +44.1% | View data |
| 7 | 7 South Korea | 2.19 | 2023 | +1.77% | -0.0011% | View data |
| 8 | 8 Thailand | 1.46 | 2023 | -0.011% | -0.87% | View data |
| 9 | 9 Philippines | 1.43 | 2023 | +0.43% | +0.65% | View data |
| 10 | 10 United Kingdom | 1.4 | 2023 | +6.76% | +5.56% | View data |
