Global farmed fish production will slow in 2022

Published 2021년 11월 24일

Tridge summary

The Global Fisheries Alliance (GOAL) predicts a slight increase in global aquaculture production of major commercial fish species in 2022, with an expected total of over 40 million tons. This growth rate has slowed down from the previous decade's 4.5%, with carp production trends playing a significant role. Within this, salmon production is expected to grow by 4.4% in 2021 and 5% in 2022, despite fluctuations in Norway and Chile. Tilapia production is showing signs of recovery from the pandemic, with Egypt, Indonesia, and Brazil being key contributors. Vietnam's pangasius production, the only sector bucking the trend, has seen substantial growth, largely driven by demand from China and the US.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the results of this year's aquaculture production survey conducted by the Global Fisheries Alliance (GOAL) and presented at its annual event, after years of rapid growth in the sector As a rapidly growing sector, global aquaculture is likely to experience only a slight increase in production by 2022. GOAL forecasts are that global aquaculture production of major commercial fish species will exceed 40 million tons by this year. 2022. Speaking at an online forum on November 17, 2021, Rabobank senior analyst, Gorjan Nikolik, analyzed the outlook for production of all major farmed fish species in 2021. The overall trend is the industry. This market has stabilized, slowing growth in 2020 after achieving a compound annual growth rate of 4.5% over the previous decade. Much of the industry trend is driven by trends in carp production, which account for a large share of global aquaculture production. However, a growth picture of 2.5% this year and 2.7% next year suggests that ...

Source: Vinanet