Fish farming production in Brazil has seen an overall upward trend from 2013 to 2023, standing at 689.53 thousand metric tons in 2023. The data shows fluctuations, particularly a dip in 2016, but the subsequent years have demonstrated steady growth. Year-on-year variations reveal an average 2-5% increase annually, with minor declines in certain years such as 2016. The compound annual growth rate (CAGR) over the last five years indicates a stable average annual increase of 3.46%.
Looking ahead, from 2024 to 2028, the forecast suggests continued growth, with an estimated five-year CAGR of 2.04%, and an overall growth rate of 10.62% for the period. Key trends to watch include advancements in aquaculture technologies, shifts in regulatory policies, and fluctuations in global market demand which could impact production dynamics over these years.
