The global aquaculture production landscape presents significant variations across countries. In 2023, Norway leads with the highest production, driven by a 2.57% growth. The Philippines and Iceland showed notable increases of 2.79% and 13.83% respectively, whereas Japan faced a slight decline of 0.061%. The United Kingdom, New Zealand, and Switzerland experienced robust growth exceeding 4%. In contrast, countries like Belgium and Argentina saw substantial declines, with year-on-year decreases of 30.21% and 7.33% respectively. Over the past five years, compounded annual growth rate (CAGR) variations have been crucial in understanding these trends.
Future trends to watch include technological advancements in sustainable aquaculture, shifts in global demand patterns, and the impact of climate change on aquaculture ecosystems. Increasing investments in aquaculture infrastructure and innovation in fish feed and breeding techniques are likely to influence production capabilities across countries.
Top countries in Total Aquaculture Production by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 9,472,000,000 | 2023 | +3.11% | +2.57% | View data |
| 2 | 2 Japan | 5,280,400,000 | 2023 | +0.36% | -0.061% | View data |
| 3 | 3 Philippines | 2,403,800,000 | 2023 | +1.83% | +2.79% | View data |
| 4 | 4 United Kingdom | 1,600,400,000 | 2023 | +2.64% | +4.71% | View data |
| 5 | 5 Canada | 1,062,600,000 | 2023 | +1.77% | -0.54% | View data |
| 6 | 6 Australia | 1,006,800,000 | 2023 | +2.1% | +0.35% | View data |
| 7 | 7 New Zealand | 1,006,700,000 | 2023 | +3.78% | +4.31% | View data |
| 8 | 8 France | 867,650,000 | 2023 | +0.55% | +1.31% | View data |
| 9 | 9 Iceland | 217,830,000 | 2023 | +5.28% | +13.83% | View data |
| 10 | 10 Costa Rica | 112,860,000 | 2023 | +0.46% | +0.45% | View data |
