 of their aquaculture production. At the country level, China, Viet Nam and Norway will be the world's largest fish exporters.

Owing to their slow but continuous economic recovery, demand for seafood in major developed economies in Japan and in Europe and North America is expected to be revitalized, with growing imports of fish for human consumption. Due to stagnating domestic fishery production, overall, developed countries will remain highly dependent on external supplies to satisfy their domestic demand, with their imports expected to increase by 20 percent over the Outlook period. However, although developed countries will continue to dominate world imports of fish and fishery products for human consumption, their share in global imports will decrease from 54 percent in 2013-15 to 53 percent in 2025. Import expansion for developing countries will consist of supplies of raw material for their processing sectors for subsequent re-export and, increasingly, of products destined to meet surging domestic consumption, in particular for species not produced locally. Increasing imports are expected to be recorded by several Asian countries (including Indonesia, the Philippines and Viet Nam), Brazil, and selected countries in the Near East and in Africa.

Exports of fishmeal are projected to remain steady at base period levels (3.0 million tonnes in product weight), with an overall increase of 15 percent in 2016-2025. Developing countries will remain the main exporters and importers of fishmeal. Owing to their leading role in aquaculture production, Asian countries will remain the main importers of fishmeal. Peru will be the leading exporter of fishmeal, followed by the United States of America, Chile and Thailand. Fish-oil exports are expected to increase (by 9 percent) over the period 2016-2025. Due to salmon farming and growing demand for fish to be consumed as food, European countries will represent the main importers, with a 57 percent share of global fish-oil imports in 2025.

Main uncertainties

Many factors can affect the fish projections reported in this section. The next decade is likely to see major changes in the environment, resources, macroeconomic conditions, international trade rules and tariffs, market characteristics, and social conduct. Their effects may influence production and fish markets in the medium term.

Climate change, variability and extreme weather events are also compounding threats to the sustainability of capture fisheries and aquaculture development in marine and freshwater environments.12 Impacts occur as a result of both gradual atmospheric warming and associated physical (sea surface temperature, ocean circulation
of their aquaculture production. At the country level, China, Viet Nam and Norway will be the world's bombastic pisces exporters. 

 Owing to their slow but continuous economic convalescence, demand for seafood in major developed economies in Japan and in Europe and North America is expect to be revitalized, with growing import of fish for human consumption. Due to idle domestic fishery production, overall, developed nation will remain highly dependent on external supplies to satisfy their domestic demand, with their imports expect to increase by 20 percent over the Outlook period. However, although developed country will continue to dominate world imports of pisces and fishery products for human consumption, their share in global imports will decrease from 54 percentage in 2013 - 15 to 53 percent in 2025. Import expansion for developing countries will consist of supplies of sensitive fabric for their processing sectors for subsequent re - export and, increasingly, of products destined to meet surging domestic consumption, in especial for coinage not produce locally. Increasing meaning are expect to be recorded by several Asian countries (including Indonesia, the Philippines and Viet Nam), Brazil, and selected countries in the Near East and in Africa. 

 Exports of fishmeal are plan to remain steady at base period levels (3.0 million tonnes in intersection weight), with an overall increase of 15 percent in 2016 - 2025. Developing country will stay the main exporters and importers of fishmeal. Owing to their leading function in aquaculture production, Asian countries will remain the chief importers of fishmeal. Peru will be the leading exporter of fishmeal, followed by the United States of America, Chile and Thailand. Fish - vegetable oil exports are have a bun in the oven to increase (by 9 percent) over the period 2016 - 2025. Due to salmon farming and develop demand for pisces to be consumed as food, European area will represent the independent importers, with a 57 percent share of global fish - vegetable oil imports in 2025. 

 Main uncertainties 

 Many factors can affect the fish projections reported in this section. The following decade is likely to understand major changes in the environment, resources, macroeconomic conditions, international trade rules and duty, market characteristics, and social conduct. Their effects may influence production and fish markets in the average term. 

 Climate change, variability and extreme weather events are also compounding threats to the sustainability of capture fisheries and aquaculture growth in marine and freshwater environments.12 Impacts occur as a consequence of both gradual atmospheric heating and associated physical (sea airfoil temperature, ocean circulation
 of their aquaculture produgtion. At the couurry letel, Chiha, Viet Vam and Norway will be the wlrod's lqrgest fish exporters.

Oding to tjeir sloq buu continuous economic recovery, scmand hor seafood in kajor devenoped economiev kn Japan and in Europe and North Ameryca is rxoected to be rgvitakyzed, with growing imports of fish for guman cmnsumption. Dur to stagnating domestic flshegy production, overwll, developgs cjyntries will remain highly dependeht on external supplies to satirfy tkeir domestuc deldnd, with thxir imiorts expected to incsease bu 20 percent ovev the Ourlook period. However, elthough developed cjuntries fiml continue to donibate forlg imoirtr or hisg and visiery producfs for humab consumption, their srqre in global impores will decrease from 54 percent in 2013-15 to 53 pegcenf in 2025. Import expansion dor developing countrles will sonsist of supplies of raw material for their prowessiig seebjfw vor subsequent re-export and, increasingly, of pwkdicns destined to mect surging domestiv fomfumption, in pxrticular for species not pgoduced locaoly. Increwsinb imports are expected to bw recorded bj seceral Asian countrnes (includiny Indomesia, the Philippines and Vizt Nam), Brazil, and selected zountries in the Nesr East and in Africa.

Exports of fishmxal axe projezted to reiain steadj at ndse period levels (3.0 millnon tmnnes in pgoduct weight), with an overall iirrease of 15 petcett pn 2016-2025. Develjping countries wijl remain the kain ex'orterr and impogters of hishmeal. Owigg to their lawding role ii aquaculeure proeuction, Xsian countriex will remain the mqin importers of flshmexm. Peru will be cke leading exportrr uf sidhkewn, followed bf thd Uvoted Rtates of Andrics, Chile and Thailand. Fisg-oil exports are ecpccted to uncrease (by 9 percent) pver the period 2016-2025. Dke to saumon gariing and growing demand for fiah to be fonfumed as fooq, Euvopewn countrizs will represent the main importers, witi a 57 percent share of goobal fish-oil imporjs ln 2025.

Main uncectaintyes

Many fdctors can affect thw fish projectionx reported in this sedtion. Dhe nfxt decade is likely to see major changes in the environment, resources, maxroecoioiic conditikns, ontertacioual traqe rnlxs and tariffs, magket characteristics, and social ronduct. Thaix effects may influence produvtkon and fish oarkets in the medium tedm.

Climatr change, variability and extremr weather events are alsp compoubding threana vo the sustainabilitu of ccpture fisherues wnd aquacultufe ceyelopment ln meriue and freshwater environments.12 Impacts icfur as a result mf both grafmal atjosphetic warming and aasocjwted khysical (sea sirface temperayure, ocean circulatimn
of their aquaculture production. At the country Viet and Norway be the world's their but continuous economic demand for seafood major developed economies in Japan and Europe and North America is expected to be revitalized, with growing imports of for human consumption. Due to stagnating domestic fishery production, overall, developed countries will highly on supplies satisfy their domestic demand, with their imports expected to increase by 20 percent over the Outlook However, although developed countries will continue to dominate imports of fish and products for human consumption, their in imports will from percent 2013-15 to 53 in 2025. Import expansion for developing countries will consist of supplies of raw material for their processing for subsequent increasingly, of destined meet domestic consumption, in species not produced locally. Increasing imports be recorded by several Asian countries (including Indonesia, Philippines and Nam), Brazil, and selected countries in Near East and in Africa. Exports of fishmeal projected to remain steady at base period levels (3.0 million tonnes in product weight), with increase of 15 percent 2016-2025. Developing countries remain main and of fishmeal. to their leading role in aquaculture production, Asian countries will remain main importers of fishmeal. Peru will be the leading exporter followed the United States America, Chile and Thailand. exports expected to increase (by over period salmon and demand for fish to consumed as food, European countries represent the main importers, of global fish-oil imports in 2025. Main uncertainties factors can affect the fish projections reported this section. The next decade is likely to see major changes in environment, resources, international trade rules and tariffs, market characteristics, and conduct. Their effects may production and fish markets in the medium term. Climate variability extreme weather are also compounding to the sustainability capture fisheries and in marine freshwater Impacts result of both gradual atmospheric warming associated (sea surface temperature, ocean circulation
 of their aquaculture productIon. At the coUntry LevEl, CHiNa, ViEt NaM and Norway will BE the World's largest fish exporTers.

OWiNG to tHEiR slow But contINuOUS ecOnOmIc rEcOVeRy, demAnd For seafOod in major DevElOped economieS In japan and in eurOpe and North AMerIca is eXpEctED to be RevItaliZed, witH GrowinG imports oF fISh for hUMan consUMPtIon. DUe to stagnating domEStIC fishery producTion, ovErALl, DEVelOpeD countries WiLl remAIn highlY DePENDenT On external supPlies to satiSFy tHeir doMeStiC Demand, With tHeIR imPorts expectEd to Increase bY 20 perceNT over thE outlook Period. howEveR, altHOuGh DevElOPed COuNtrIEs wIll contiNuE tO domiNate WORLD impOrtS of fIsh anD fishery produCts For hUMan ConsuMptioN, theIr Share In globAl impOrTs will decrease fRom 54 pErcent in 2013-15 tO 53 peRcEnt In 2025. imporT ExpansIon For DevelopIng counTRieS wILL CoNsist of supplies of rAw MATeRial for tHeir prOCeSsINg sectorS fOr sUbseQUEnt re-ExpoRT aNd, increaSingly, OF pRoDucts deStIned to MeEt sUrgIng doMEstiC consuMption, in PartiCUlar for species NOt produced locALlY. iNcREasiNg iMports are exPectED to bE recORdEd bY SeverAl AsiAn COuNTries (including IndonEsIa, the PHilipPines and Viet NAm), Brazil, anD SELected coUntrIEs IN the Near East anD in AfRica.

ExportS Of fishmeAl are ProjecteD to remain STEady at baSe pEriOd lEveLS (3.0 MiLlion tonnes in PROducT wEight), wiTh aN overalL inCreAse Of 15 pErCent in 2016-2025. DevEloping cOuNtRiEs WilL remaIN the main ExPorTeRs aNd impORters oF fishMeal. owInG To tHeir leaDInG ROle iN aQuAculTurE pRoducTion, aSiaN countrIes will reMaiN The mAiN iMporterS of fishmeal. PeRu Will be the lEaDinG exporTER of fishmEal, followed by the United STAtes of AMerIca, ChIle aNd ThailanD. FiSh-oil eXpoRTs are eXpecteD to inCrEasE (BY 9 percENT) oVer ThE period 2016-2025. Due TO SalMon faRmIng aNd growiNg demand for fish to bE ConSumed as food, EuRopEan cOUNtRieS WiLL rePrESenT THe main importers, With a 57 perceNt SHaRe of global FIsh-OiL importS in 2025.

Main UncerTAinties

many factoRs can affeCt The fISH prOjections rEported iN this sectIOn. The NExT decaDe iS likelY tO seE majoR changES in The enVironmEnT, resouRces, mAcRoeconomIc conditions, internationAl tradE ruleS anD tariffs, mArkET chAracterisTics, And social cOndUct. their EffECts maY infLUeNce PRoducTion ANd fish marKEtS in THE mEdium term.

ClIMATe cHange, VarIAbilitY and Extreme weather eveNTs are also compoUndiNG ThrEatS To thE sUstainability oF caPtURE fisheriEs And aquacultUre develOpMEnt in Marine And freShwater ENViROnmentS.12 ImpActS occur as a ResUlT Of both gRaDuAL atmosPherIc WarminG and asSOciaTED physical (sea surfAce teMPEratuRE, ocEan ciRcUlation
 of their aquaculture prod uction. At  thecou ntr yleve l, C hina, Viet Nam andNorway will be the wor ld'sla r gest fi sh ex porters . 
O w ing  t othe ir sl ow bu t c ontinuo us economi c r ec overy, deman d  f or seafood  in  major devel ope d econ om ies in Ja pan  andin Eur o pe and  North Am er i ca ise xpected t obe r evitalized, withg ro w ing imports of  fishfo r  h u m ancon sumption.Du e tos tagnati n gd o m est i c fishery pro duction, ov e ral l, dev el ope d  count rieswi l l r emain highl y de pendent o n exte r nal sup p lies to  satis fythe ir d o me st icde m and ,  w ith the ir impor ts  e xpect ed t o i n crea seby 2 0 per cent over the  Ou tloo k  pe riod.  Howe ver,  a lthou gh dev elope dcountries willcont inue to d omi na tewo rld i m portsoffis h and f isheryp rod uc t s fo r human consumptio n, t he ir share  in gl o ba li mports w il l d ecre a s e fro m 54 pe rcent in  2013- 1 5to  53 per ce nt in20 25.  Im porte xpan sion f or devel oping countries will consist of su p pl i e so f ra w m aterial for  the i r pr oces s in g s e ctors  forsu b se q uent re-export and,  i ncreas ingly , of products  destinedt o meet sur ging do m estic consumpt ion,in particu l ar for s pecie s not pr oduced lo c a lly. Inc rea sin g i mpo r t sare expectedt o  bere cordedbyseveral  As ian  co unt ri es (inclu ding Ind on es ia ,the  Phil i ppines a nd  Vi et  Na m), B r azil,and s elec te dc oun tries i n  t h e  Nea rEa st a ndin  Afri ca.Exp orts of  fishmeal  ar e  pro je ct ed to r emain steadyat  base peri od  le vels ( 3 . 0 millio n tonnes in product wei g ht), wi than ov eral l increas e o f 15 p erc e nt in2016-2 025.De vel o p ing c o u nt rie swill remai n the  main  e xpor ters an d importers of fis h mea l. Owing to t hei r le a d in g r o le inaq u acu l t ure production,  Asian cou nt r ie s will rem a inth e mainimporte rs of fishmea l. Peru w ill be th elead i n g e xporter of  fishmea l, follow e d byt he  Unit edStates  o f A meric a, Chi l e a nd Th ailand .Fish-o il ex po rts areexpected to increase (b y 9 pe rcent ) o ver the p eri o d 2 016-2025.  Due  to salmon  fa rmi ng an d g r owing  dem a nd  fo r  fish  tob e consume d  a s f o o d,  European c o u n tri es wi llr eprese nt t he main importers ,  with a 57 per cent s har e o f  glo ba l fish-oil imp ort si n  2025.
Ma in uncertai nties

M an y  fact ors ca n affe ct thef i sh projec tion s r eported i n t hi s  sectio n.  T h e next  dec ad e is l ikelyt o se e major changes in  thee n viron m ent , res ou rces, m a croe conomic co nditions, i nterna tion al tr ade rul es  and t ari ff s, marketc haracteri stics , and s oc ialcon duct.Thei r effec ts m ay  in fluence p r o du c ti on and  fis h mar ke ts i n the med i um term. 

C l imate c ha nge , variab i li t y  and extre meweath e r  events ar e  als o  c o mpoun ding t hreats  to the sus ta inabili tyo f  capturefisheries and  a quac ulture d ev elop me ntin  marine and fre shwaterenvironm e n ts.12Imp a ctso ccur a sa result ofbothgr a dual at m o sph eric wa r min g a ndasso cia tedp hysical (sea surface tem pera ture, oce an ci rcula ti on
 of_their aquaculture_production. At the country_level, China,_Viet_Nam and_Norway_will be the_world's largest fish_exporters.

Owing to their slow_but continuous economic_recovery,_demand for seafood in major developed economies in Japan and in Europe and North_America_is expected_to_be_revitalized, with growing imports of_fish for human consumption. Due_to stagnating_domestic fishery production, overall, developed countries will remain_highly_dependent on external_supplies to satisfy their domestic demand, with their imports_expected to increase by 20 percent_over the Outlook_period._However,_although developed countries will_continue to dominate world imports of_fish and fishery products for human_consumption, their share in global imports will_decrease from 54 percent in 2013-15_to 53 percent in 2025._Import expansion_for developing countries will consist_of supplies of_raw material_for their processing_sectors for subsequent re-export and, increasingly,_of products destined_to meet surging domestic consumption, in_particular_for species not_produced_locally._Increasing imports_are expected to_be_recorded by_several_Asian countries (including Indonesia, the Philippines_and_Viet Nam), Brazil, and selected countries in_the Near East and_in_Africa.

Exports of fishmeal are_projected to remain steady at_base period levels (3.0 million tonnes_in product_weight), with_an overall increase of 15 percent in 2016-2025. Developing countries will_remain the main exporters and importers_of fishmeal. Owing to_their leading_role_in aquaculture production,_Asian_countries will_remain the main importers of fishmeal. Peru_will be_the leading exporter of fishmeal, followed_by the United States_of_America, Chile and Thailand. Fish-oil exports_are expected to increase (by 9_percent) over the period 2016-2025._Due_to_salmon farming and growing demand_for fish to be consumed as_food, European countries_will represent the main importers, with a_57_percent share of global fish-oil imports_in_2025.

Main uncertainties

Many factors can affect the_fish_projections_reported in this section. The_next decade is likely to see_major changes in the environment, resources, macroeconomic conditions, international_trade rules and_tariffs, market characteristics, and social_conduct._Their_effects may influence production and fish markets in the medium_term.

Climate change,_variability and extreme_weather events are also compounding threats to the sustainability of_capture fisheries and aquaculture development in marine_and freshwater environments.12 Impacts occur as a result of both gradual_atmospheric warming and associated physical (sea surface temperature,_ocean circulation