July 25, 2019 — In its annual outlook for the world’s seafood market, the United Nations’ Food and Agriculture Organization (FAO) predicted a “flat or marginal growth” in seafood supply over 2019, with global seafood demand continuing to grow.
The forecast, created by the team of seafood analysts in the FAO’s Globefish unit, predicts that total global wild catch will drop by approximately 3.4% in 2019, as catches of cod, mackerel and octopus remain low, while the world’s tuna fisheries have also been less productive than they were during the first half of 2018.
Meanwhile, global aquaculture production is set to increase by 4%, although supply is likely to remain tight for major species such as salmon, according to Globefish.
The team has estimated that 177.8 million metric tons of fish will be produced worldwide in 2019, of which roughly 89% will go towards direct human consumption. This, in turn, means that global per capita seafood consumption is estimated at 20.5 kg.