Global farmed fish production will slow in 2022

Published Nov 25, 2021

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
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