Global Seafood Demand Growth Differences across Regions, Income Levels, and Time
Dejene Gizaw Kidane and
Eivind Hestvik Brækkan
Marine Resource Economics, 2021, vol. 36, issue 3, 289 - 305
Abstract:
We used an index approach to calculate demand growth for seafood in 107 countries from 1984 to 2013. We used the results to calculate aggregate demand growth by income level, regionally, and globally. While seafood production has more than doubled since the mid-1980s, we showed that global demand for seafood has been higher than the global seafood supply. Demand growth for seafood varies across time, countries, regions, and income groups. The average annual seafood demand growth across countries varies between −6% and 7.5%. Global demand growth for seafood has steadily declined since the 1980s; a slowdown of demand in Asia is the main cause. South America and Africa had the highest demand growth from 2004 to 2013, while both North America and Oceania had negative demand growth in this period. High-income countries have had consistently low seafood demand growth from 1984 to 2013, while demand growth in all other income levels has been substantially larger.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ucp:mresec:doi:10.1086/714122
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