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Analysis of the global fish and seafood market for 2011-2015, forecast for 2016-2020

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In 2011-2015, sales of fish and seafood in the world grew steadily. According to BusinesStat, in the period under review, sales of fish products increased by 11.0% and in 2015 amounted to 138.0 million tons. It is expected that in 2016-2020 sales of fish and seafood in the world will grow by an average of 3, 2% per year.

Since fish is a perishable commodity, specific requirements are imposed on it and its processing requires considerable capacity. In 2015, 80.9% (111.7 million tons) of world fish products were intended for human consumption, and the rest (26.3 million tons) was used for non-food purposes: in the production of fish meal, fish oil, glue, for pharmaceutical purposes, as a raw material for the direct preparation of feed for fish farms, as well as for fur farming.

In 2011-2015, the share of domestic products dominated in the structure of world sales of fish and seafood: an average of 77.5%. In 2015, the production of fish and seafood in the world amounted to 145.4 million tons, which is 11.4% higher than the 2011 figure. China is far ahead of the largest fish and seafood producer in the world with a production volume of 55.2 million tons in 2015 year

The increase in fish and seafood production is mainly due to the development of fish farming. Fish farming is a rapidly growing industry, as no one can guarantee the constant quality of the caught, that is wild, fish. In 2011-2015, the global volume of growing fish and seafood increased by 24.5% and in 2015 amounted to 76.5 million tons. In 2016-2020, the volume of growing fish in the world will grow at a higher rate than fishing

"Analysis of the world market for fish and seafood in 2011-2015, forecast for 2016-2020" includes the most important data necessary for understanding the current market situation and assessing the prospects for its development:

Economy and population

Production of fish and seafood

Sales of fish and seafood

External and internal trade in fish and seafood

Import and export of fish and seafood

Foreign trade prices of fish and seafood

The review presents current data for 150 countries of the world and a forecast for 26 countries-leaders of the world market of fish and seafood.

The review details information on the types of fish and seafood:

Live fish

Fresh or chilled fish

Frozen fish

Frozen, fresh or chilled fillets, minced meat and other fish meat

Salted, dried and smoked fish

Frozen, fresh or chilled seafood

Canned fish and seafood

Non-food products from fish and seafood

In preparing the review used statistical information:

United Nations Statistics Division

Commodity Trade Statistics

Eurostat

National Agencies and Compendia

Index Mundi

Industrial Commodity Statistics

International Trade Center

International Monetary Fund

Food and Agriculture Organization of the United Nations

Organization for Economic Cooperation and Development

World Trade Organization

Along with the official statistics, the review presents the results of the international research of BusinesStat:

Analysis of open market information on fish and seafood

Survey of fish and seafood market experts

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