Forecast data for seafood farming in Norway by fishing area shows positive growth from 2024 through 2028. The value per metric ton, which stood at 5.91 Thousand Euros in 2023, is expected to rise steadily. Year-on-year variations indicate consistent growth: 3.9% in 2024, 3.9% in 2025, 3.8% in 2026, 3.5% in 2027, and 3.5% in 2028. The compound annual growth rate over this five-year period is approximately 3.7%, showing a healthy and stable increase.
Future trends to watch for include advancements in aquaculture technology, shifts in consumer preferences towards sustainable seafood, and potential regulatory changes impacting production and export. These factors could further influence the economic dynamics and growth trajectory of seafood farming in Norway.
