The freshwater fish market size in Chile showed a significant fluctuation in terms of volume from 2014 to 2023. In 2023, the market volume stood at 27.49 thousand metric tons. Between 2014 and 2016, the market saw a decline, reaching its lowest point in 2016. A sharp increase occurred in 2017, and the market stabilized around the 24.49 thousand metric tons mark until 2019. A dip was noted in 2020 followed by a recovery trend, registering consistent year-on-year growth from 2021 onwards. The CAGR over the last five years stood at 2.34%.
Looking forward, forecast data from 2024 suggests steady growth, with an expected CAGR of 2.08% between 2024 and 2028, reaching a volume of 31.27 thousand metric tons by 2028, marking an overall growth rate of 10.84% over this period.
Future trends to watch for include potential changes in consumer preferences, possible regulatory shifts, advancements in aquaculture technology, and the impact of climate change on freshwater resources. Monitoring these factors will be critical for stakeholders in the freshwater fish market to adapt and thrive in the coming years.
