TheFishSite.com - news, features, articles and disease information for the fish industry

News

Aquaculture to Produce Majority of Global Food Fish Supply by 2030

17 February 2014

GLOBAL - Aquaculture will provide close to two thirds of global food fish consumption by 2030 as catches from wild capture fisheries level off and demand from an emerging global middle class, especially in China, substantially increases.

These are among the key findings of "Fish to 2030: Prospects for Fisheries and Aquaculture," a collaboration between the World Bank, Food and Agriculture Organization of the United Nations (FAO) and the International Food Policy Research Institute (IFPRI). The report highlights the extent of global trade in seafood which tends to flow heavily from developing to developed countries.

According to FAO, at present 38 per cent of all fish produced in the world is exported and in value terms, over two thirds of fishery exports by developing countries are directed to developed countries.

The "Fish to 2030" report finds that a major and growing market for fish is coming from China which is projected to account for 38 per cent of global consumption of food fish by 2030. China and many other nations are increasing their investments in aquaculture to help meet this growing demand.

Asia — including South Asia, South-East Asia, China and Japan — is projected to make up 70 per cent of global fish consumption by 2030. Sub-Saharan Africa, on the other hand, is expected to see a per capita fish consumption decline of one per cent per year from 2010 to 2030 but, due to rapid population growth of 2.3 per cent in the same period, the region's total fish consumption will grow by 30 per cent overall.

The report predicts that 62 per cent of food fish will come from aquaculture by 2030 with the fastest supply growth likely to come from tilapia, carp, and catfish. Global tilapia production is expected to almost double from 4.3 million tons to 7.3 million tons a year between 2010 and 2030.

"The fast-moving nature of aquaculture is what made this a particularly challenging sector to model - and at the same time, embodies the most exciting aspect of it in terms of future prospects for transformation and technological change," said one of the report's authors Siwa Msangi of IFPRI.

"Comparing this study to a similar study we did in 2003, we can see that growth in aquaculture production has been stronger than what we thought."

The World Bank's Director of Agriculture and Environmental Services, Juergen Voegele, said the report provides valuable information for developing countries interested in growing their economies through sustainable fish production, though he warns that carefully thought out policies are needed to ensure the resource is sustainably managed.

"Supplying fish sustainably — producing it without depleting productive natural resources and without damaging the precious aquatic environment — is a huge challenge," he said. "We continue to see excessive and irresponsible harvesting in capture fisheries and in aquaculture, disease outbreaks among other things, have heavily impacted production. If countries can get their resource management right, they will be well placed to benefit from the changing trade environment."

Fisheries and aquaculture are a vital source of jobs, nutritious food and economic opportunities, especially for small-scale fishing communities. Yet threats from large-scale disease outbreaks in aquaculture and climate change-related impacts could dramatically alter this.

Árni M. Mathiesen, Assistant Director-General of FAO's Fisheries and Aquaculture Department, emphasized that unlocking the potential of aquaculture could have long-lasting and positive benefits.

"With the world's population predicted to increase to nine billion people by 2050 - particularly in areas that have high rates of food insecurity — aquaculture, if responsibly developed and practiced, can make a significant contribution to global food security and economic growth," he said.

Further Reading

You can view the full report by clicking here.

 

TheFishSite News Desk



Our Sponsors

Partners



Sustainable Aquaculture Modular Courses AVAILABLE NOW - University of St Andrews

Seasonal Picks

Know Your Freshwater Fishes - 5m Books.com

Aquacullture Webinars from TheFishSite - Sign Up Now