Forecast: Freshwater Fish Demand in Norway

As of 2023, the demand for freshwater fish in Norway was 97.00 thousand metric tons. The forecasted data from 2024 to 2028 show a gradual year-on-year decrease in demand. Specifically, the demand is expected to fall to 96.02 thousand metric tons in 2024, 95.06 in 2025, 94.12 in 2026, 93.19 in 2027, and 92.29 in 2028. These figures represent a steady decline over the five years.

Year-on-year variations in percentage indicate a consistent trend of diminishing demand. Over the last two years and an analysed CAGR over the next five years suggest an average annual decrease. It is crucial for stakeholders to note this declining trend in freshwater fish demand.

Future trends to watch for:

  • Emerging consumer preferences for alternative sources of protein might further impact demand.
  • Environmental regulations and conservation efforts could play a significant role in shaping market dynamics.
  • Technological advancements in aquaculture and fisheries management may help mitigate the decline in demand.

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