The Freshwater Fish Market in Oceania stood at 114.02 Thousand Metric Tons in 2023. The market has experienced several fluctuations over the past decade, with notable year-on-year variations such as a significant drop of 17.08% in 2020 and an increase of 14.34% in 2021. The volume slightly decreased by 0.096% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years averaged at 0.028%, suggesting modest growth. Forecasts indicate a slight decline, with a 5-year forecasted CAGR of -0.07%, pointing to a gradual reduction by 2028.
Future Trends to Watch For:
- Global economic conditions impacting consumer spending on freshwater fish.
- Environmental factors affecting freshwater ecosystems and fish populations.
- Advancements in aquaculture technologies improving yield and sustainability.
