Forecast: Freshwater Fish Demand in Australia

The freshwater fish demand in Australia has shown fluctuations between 2014 and 2023. The demand peaked in 2016 with a significant year-on-year increase of 16.51%, while the lowest value was recorded in 2020 with a sharp decline of 17.01%. In 2023, the demand was 101.19 thousand metric tons, which indicates a slight decrease of 0.0099% year-on-year. The average annual growth rate (CAGR) over the past five years up to 2023 stands at 0.13%.

Future trends to watch for:

  • Stabilized demand from 2024 to 2028, with marginal yearly variations
  • Potential influences from environmental policies and sustainability practices
  • Changes in consumer preferences and dietary trends could impact demand

Top Countries about Fish Farming