The fisheries import value in Australia demonstrated a relatively steady growth from 2013 to 2017, peaking at $1.55 billion. However, it faced a slight decline in 2018 and plateaued before a marked decrease in 2020. The value gradually recovered from 2021, reaching $1.48 billion in 2024. The projected CAGR over the next five years is 1.11%, indicating a stable and modest growth, culminating in a forecast of $1.56 billion by 2028.
Future Trends to Watch: The global demand for sustainable seafood and advancements in aquaculture technology may drive future import trends. Additionally, geopolitical developments and international trade agreements will play crucial roles in shaping Australia’s fisheries import values.
