The analysis of whole fresh finfish production in capture fisheries in Spain from 2013 to 2023 shows fluctuating trends. Production increased significantly in 2015 by 13.18%, followed by a notable decline in 2016. The pattern of rises and falls continued, with periods of both growth and reduction. In 2023, the production value stood at 605.1 million Euros, reflecting a minor decrease of 0.023% from the previous year. The five-year CAGR leading up to 2023 is -1.93%, indicating an overall downward trend.
Looking ahead, the forecast suggests a gradual decline until 2028, with a projected five-year CAGR of -0.28% and an overall growth rate decrease of -1.39%. Future trends to watch include the impact of regulatory changes, advancements in sustainable fishing practices, and potential market fluctuations due to environmental conditions and consumer demand shifts.
