International

Fish and seeafood trade rate to decrease in the next 7 years

Fish & Seafood

FAO predicts a slow in demand for fishery products until 2025 due to high prices, slower growth of fishery production and stronger domestic demand.

Posted on Feb 25 ,12:19

Fish and seeafood trade rate to decrease in the next 7 years

World trade in fish for human consumption will reach 46 million tons in the live-weight equivalent in 2025, up 18% from the average taken between 2013 and 2015, according to the Food and Agriculture Organization (FAO) of the United Nations. Total global seafood consumption is projected to increase by 31 million tons by 2025 to reach 178 million tons.

People in Asia, Oceania, Latin American, and the Caribbean will be responsible global per capita consumption which is expected to move up 8% from 20.2 kilograms currently to21.8 kilograms by 2025. A the end of this period, the increase in demand will slow down as the availability of fish products will be countered by the increasing cost of seafood compared with meat and chicken, predicts FAO experts.
Top three exporters by 2025 will be China, Vietnam and Norway and the biggest exports markets are to be found in Europe, Japan, and North America, as well as Indonesia, the Philippines, Vietnam, Brazil, and select countries in the Middle East and Africa.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

GERMANY

Germany: The number of pig farms continues to decline

The number of pigs kept in Germany was 20.9 million as of May 3, 2025. Compared to November 3, 20...


Read more Read more
BRAZIL

ABIEC mission in Chile boosts business and promotes Brazilian beef

The event included a round of business meetings involving more than 20 member companies and ended...


Read more Read more
PARAGUAY

Paraguay: Pork sector strengthens and projects new export destinations

"The arrival of the Taiwanese market brought us stability and sustained economic prosperity", sai...


Read more Read more
Websolutions by Angular Software and SpiderClass