The fish meal supply in Indonesia for 2023 stood at 160.0 thousand metric tons. From 2024 to 2028, the forecasted data shows a steady increase: 162.0 thousand metric tons in 2024, 164.0 in 2025, 167.0 in 2026, 170.0 in 2027, and 172.0 in 2028. The year-on-year variation reveals a consistent growth of approximately 1.2% annually over the last two years. The Compound Annual Growth Rate (CAGR) over the five-year period (2024-2028) is about 1.2% per year.
Future trends to watch for include potential impacts from industry regulations, environmental sustainability practices, technological advancements in fish meal production, and shifts in global fish meal demand. These factors could significantly alter the supply dynamics moving forward.
