Fish farming production in Niger has shown significant growth over the past decade. In 2023, the production stood at approximately 615.69 metric tons. The year-on-year variation from 2022 to 2023 was 7.73%. Over the last five years, the compound annual growth rate (CAGR) was calculated at 11.96%. Moving forward, production is forecasted to continue its upward trend, with a projected CAGR of 4.71% over the next five years. By 2028, production is anticipated to reach around 829.89 metric tons, marking an overall growth rate of 25.85% from 2023.
Future trends to watch for include:
- Technological advancements in aquaculture practices.
- Government policies and their impact on fish farming subsidies and regulations.
- Climate change effects on water bodies and fish habitats.
- Shifts in domestic and international demand for fish products.
