Forecast: Freshwater Fish Production in Saudi Arabia

The freshwater fish production in Saudi Arabia has seen considerable fluctuations over the past decade, growing from 9.02 thousand metric tons in 2014 to stand at 15.24 thousand metric tons in 2023. Significant growth periods include a dramatic 42.36% increase in 2016, followed by periods of stability and decline, notably a 14.84% drop in 2020. The last two years up to 2023 have shown moderate growth, with year-on-year variations of 7.8% in 2022 and 2.28% in 2023. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 was 2.56%, reflecting a steady growth in production.

Looking ahead, the forecast indicates a steady albeit modest increase in production, reaching 16.97 thousand metric tons by 2028. This projects a 5-year CAGR of 1.75% and an overall growth rate of 9.06%. Future trends to watch for include the impact of technological advancements in aquaculture, policy shifts on sustainability, and climate change effects on freshwater resources.

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