The data for salted finfish production in capture fisheries in Norway indicates a consistently increasing trend from 2024 onwards. From 2024 to 2028, the value is projected to grow from 5.31 thousand euros per metric ton to 6.5 thousand euros per metric ton. The year-on-year variation shows a steady increment of approximately 5-6%. Between 2024 and 2025, the increase is 5.7%, and from 2025 to 2026, it's 5.3%. The trend continues similarly from 2026 to 2027 with a 5.1% increase, and from 2027 to 2028, with a 4.7% rise.
Compared to 2023 where the value stood at 5.0 thousand euros per metric ton, there is a projected Compound Annual Growth Rate (CAGR) of around 5.5% over this five-year period, indicating a robust upward trajectory in value terms.
Future trends to watch for include potential impacts from climate change on fish stock levels, shifts in international demand, advancements in preservation technology, and regulatory changes affecting the fishing industry. Monitoring these factors will be crucial for understanding and anticipating changes in the market dynamics.
