Based on the forecasted data, the production values (in Thousand Euros Per Metric Ton) are as follows: 2024: 1.72, 2025: 1.71, 2026: 1.7, 2027: 1.69, 2028: 1.68. The year-on-year variations are -0.58% (2025), -0.58% (2026), -0.59% (2027), and -0.59% (2028). The CAGR (Compound Annual Growth Rate) over the last 5 years is -0.58%.
Future Trends: The forecast indicates a slight but consistent decline in anchovy production values. Future trends to watch include environmental factors affecting marine populations, market demand changes, and advancements in sustainable fishing practices which could stabilize or potentially reverse this trend.
