Forecast: Land Area Used for Aquaculture in Singapore

The land area used for aquaculture in Singapore remained constant at 500 hectares from 2013 to 2020. In 2021, it saw a slight decrease to 490 hectares, maintaining this level through 2023. This represents a year-on-year decrease of 2% for 2021. The last five years show an average annual decrease (CAGR) of 0.16% up to 2023. Forecasts indicate that the land area will stay at 490 hectares up to 2028, with a projected average annual decline of 0.08% over the forecast period.

Future trends to watch for include:

  • Technological advancements potentially optimizing the use of existing aquaculture land.
  • Policy changes impacting land allocation for aquaculture.
  • Environmental concerns and sustainability measures influencing industry practices.

Top Countries about Aquaculture