Fishing production in Mozambique grew by almost 25% until March

Published 2024년 5월 17일

Tridge summary

Mozambique's fishing production surged by nearly 25% in the first quarter of 2024, reaching 107,077 tons, largely due to a significant increase in industrial aquaculture, which more than doubled its output from the same period in 2023. Artisanal fishing also saw a substantial rise, with a 23.8% year-on-year increase to 101,056 tons. Despite facing challenges from excessive rains and Cyclone Freddy in 2023, the country achieved a 9% growth in fishing production, exceeding targets. Notable contributions to aquaculture included seaweed production in Nampula and the export of live crabs and lobsters.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Budget execution data that Lusa had access to this Friday, May 17, reveals that fishing production in Mozambique grew by almost 25% in the first quarter, to 107,077 tons, driven by aquaculture. According to Government data, this is 20.5% of the total target of 522,671 tonnes, between fishing and aquaculture, defined for the entire year 2024. Industrial aquaculture was the one that grew the most from January to March, more than which doubled the volume compared to the same period in 2023, to 1596 tons, 31.6% of the target for the entire year 2024. According to the organization's explanation, the budget execution report for the first quarter highlights that in industrial aquaculture “there is a seaweed production initiative in the province of Nampula, which contributed 60 tons in the period under analysis”. “Live crab and live lobster, captured in maritime waters and kept in production establishments for export, contributed to aquaculture production with 621 tons and three tons ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.