Forecast: Gross Tonnage of Fishing Vessels in Brazil

The forecast for Brazil's fishing vessels' gross tonnage shows a steady increase from 2024 to 2028, beginning at 280.0 thousand metric tons in 2024 and reaching 357.0 thousand metric tons by 2028. In 2023, the gross tonnage was at a lower position, reflecting actual historical data before the forecast. The year-on-year increase from 2024 to 2028 appears consistent, averaging around a 6.5% annual growth rate (CAGR) over this five-year forecasted period.

Future trends to watch for include:

  • Improvements in fishing technology potentially impacting tonnage efficiency.
  • Regulatory changes affecting fleet size or fishing capacity.
  • Environmental factors such as fish stock availability influencing fleet operations.

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