The forecast for the pelagic fish market size volume per capita in Spain shows a consistent year-on-year increase from 2024 to 2028. From 2023 to 2024, the volume stood at 12.31 kilograms per capita. The projected values for the subsequent years are 12.57, 12.78, 12.98, 13.18, and 13.37 kilograms per capita, respectively, representing a steady growth trend. The notable year-on-year percentage increases indicate a healthy growth trend positively impacting the market.
Key variations to note:
- From 2024 to 2025: 1.67%
- From 2025 to 2026: 1.56%
- From 2026 to 2027: 1.54%
- From 2027 to 2028: 1.44%
The compounded annual growth rate (CAGR) over the five-year forecast period is approximately 1.57%, suggesting sustainable growth in per capita consumption of pelagic fish in Spain.
Future trends to watch for include shifts in consumer health consciousness, technological advancements in fishing practices, and potential impacts of environmental policies. These factors may influence market dynamics and demand patterns, potentially accelerating growth or introducing new market challenges.