World fish market at a glance
GLOBEFISH is a key point of reference for analysis on market supply and demand trends for fisheries and aquaculture products, and is responsible for the biannual analysis on the sector presented in FAO’s flagship Food Outlook.
The below table presents summarized figures for production, trade, utilization and prices across the global market. For in-depth analysis, readers can explore the Global Fish Economy section of GLOBEFISH Highlights, published quarterly.
| World Fish Market at a glance | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2023 estim. | 2024 f'cast | Change: 2024 over 2023 | ||||||
| million tonnes (live Weight) | % | ||||||||
| World balance | |||||||||
| Production | 185.4 | 187.2 | 191.4 | 2.2 | |||||
| Capture fisheries | 91.0 | 89.6 | 90.6 | 1.1 | |||||
| Aquaculture | 94.4 | 97.6 | 100.8 | 3.3 | |||||
| Trade value (exports USD billion) | 192.2 | 185.2 | 183.3 | -1.0 | |||||
| Trade volume (live weight) | 70.0 | 68.5 | 68.3 | -0.3 | |||||
| Total utilization | 185.4 | 187.2 | 191.4 | 2.2 | |||||
| Food | 164.6 | 167.3 | 170.8 | 2.1 | |||||
| Feed | 17.2 | 16.2 | 16.7 | 3.3 | |||||
| Other uses | 3.6 | 3.7 | 3.8 | 2.8 | |||||
| Supply and demand indicators | |||||||||
| Per caput food consumption | |||||||||
| Food fish (kg/yr) | 20.7 | 20.8 | 21.0 | 0.8 | |||||
| From capture fisheries (kg/year) | 8.8 | 8.7 | 8.6 | -0.5 | |||||
| From aquaculture (kg/year) | 11.8 | 12.1 | 12.4 | 1.8 | |||||
| FAO FISH PRICE INDEX (2014-2016=100) | 2022 | 2023 | 2024 Jan-May | % Change Jan-Apr 2024 over Jan-Apr 2023 | |||||
| 119.0 | 117.3 | 118.7 | -3.6 | ||||||
Sources:
FAO Food Outlook June 2024
FAO FishStat estimates
For the raw data for the FAO Fish Price Index: EUMOFA, INFOFISH, INFOPESCA, Statistics Norway, Danish Fisheries Agency.