In 2023, the pelagic fish import volume in Indonesia stood at 500.46 thousand metric tons. The forecasted data from 2024 onwards indicates a consistent annual increase in import volumes. Specifically, the forecasted values for 2024 is 508.87 thousand metric tons, for 2025 it is 517.49 thousand metric tons, for 2026 it is 525.94 thousand metric tons, for 2027 it is 534.22 thousand metric tons, and for 2028 it is 542.33 thousand metric tons.
Year-on-year percentage variations are as follows:
- 2024: +1.68%
- 2025: +1.69%
- 2026: +1.63%
- 2027: +1.57%
- 2028: +1.53%
The Compound Annual Growth Rate (CAGR) over the period from 2024 to 2028 is approximately 1.62%. This reflects a stable and incremental growth trend in pelagic fish import volume in Indonesia.
Future trends to watch for:
- Potential impact of global fishery stocks and sustainable fishing practices on import volumes.
- Changes in Indonesian domestic fish production and consumption patterns.
- Influence of trade agreements and tariffs on fish imports.
- Technological advancements in preservation and transportation of pelagic fish.
