The Global Fish Crush data indicates that in 2023, China led with a significant volume of 1.95 million metric tons, followed by Vietnam with 0.85179 million metric tons, while Pakistan, New Zealand, and Australia had lower values of 0.13651, 0.05306, and 0.03728 million metric tons respectively. From 2019 to 2023, the data reflected a mix of increasing and decreasing trends. Over the last two years, percentage variations have included China's decline, Vietnam's growth, Pakistan's decrease, and minor increases in New Zealand and Australia.
The Compound Annual Growth Rate (CAGR) over the past five years illustrates varied average yearly changes, highlighting China's modest growth and Vietnam's more stable increase. Future trends to watch include:
- Potential stabilization or growth in Vietnam due to favorable conditions.
- Risk of further decline in Pakistan unless there are policy or environmental changes.
- China's focus on maintaining or increasing its lead in the global market.
- Minor growth opportunities in New Zealand and Australia with potential governmental support.
Top countries in Fish Crush, Forecast 2019-2028 by Country
| # | 5 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,950 | 2028 | +1.05% | +1.22% | View data |
| 2 | 2 Vietnam | 851.79 | 2028 | +0.95% | +2.21% | View data |
| 3 | 3 Pakistan | 136.51 | 2028 | -0.77% | -0.62% | View data |
| 4 | 4 New Zealand | 53.06 | 2028 | -0.4% | +0.013% | View data |
| 5 | 5 Australia | 37.28 | 2028 | +0.035% | +0.53% | View data |
