Forecast: Fish Farming Production in Norway

Norway's fish farming production has experienced a robust upward trend. In 2023, the country produced 1.776 million metric tons. Forecasts indicate consistent growth: 1.8331 million metric tons in 2024, 1.8913 in 2025, 1.9489 in 2026, 2.0059 in 2027, and 2.0623 by 2028. This represents an average year-on-year growth of around 3% over the recent two years and a Compound Annual Growth Rate (CAGR) of approximately 3.05% over the five-year forecast period.

Future trends to watch for include advances in sustainable aquaculture technology, potential regulatory changes focusing on environmental impacts, and the evolving global demand for seafood driven by shifting consumer preferences and population growth.

  • 2023: Production at 1.776 million metric tons
  • 2024: Forecast at 1.8331 million metric tons
  • 2025: Forecast at 1.8913 million metric tons
  • 2026: Forecast at 1.9489 million metric tons
  • 2027: Forecast at 2.0059 million metric tons
  • 2028: Forecast at 2.0623 million metric tons

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