In 2023, the demand for Demersal Fish in Saudi Arabia stood at 71.2 Thousand Metric Tons. Forecasted data suggest a consistent year-on-year increase from 2024 to 2028, with values reaching 76.68 Thousand Metric Tons by 2028. This indicates a steady annual growth in demand. From 2023 to 2024, the variation is approximately 1.49%, from 2024 to 2025, 1.58%, and from 2025 to 2026, 1.53%. Comparing 2026 to 2027, the growth is 1.46%, and from 2027 to 2028, 1.42%. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is anticipated to average around 1.52% per year.
Future trends to watch for include potential changes in consumer preferences towards sustainably sourced seafod, advancements in aquaculture technologies, and government policies regarding marine conservation. Additionally, economic factors such as disposable income and population growth will likely influence demand dynamics.
