Oman’s aquaculture sector aiming for $570m value by 2023

Oman's aquaculture sector has major growth plans over the next few years, with several projects introducing new species to the country either in planning or advanced stages of development, reports the Muscat Daily., Once completed, the country's aquaculture sector is targeting a value of RO 222 million ($576m) by 2023., This will mean a sharp increase on current national annual production in 2019 of 1,054 metric tons of fish from farming, with a value of RO 2m. However, this was still an increase of 133% over production the year before., Aquaculture in the country is currently focused nearly entirely on seabream, with 862t produced last year. Tilapia, produced via integrated aquaculture with terrestrial agricultural farms, also accounts for roughly one-fifth of total volumes with a production of 192t achieved last year., According to the ministry, there are plans in place to grow the range of available species by adding more shrimp, abalone, cobia and jackfish, as well as ...