Forecast: Whole Fresh Marine Fishes Production in Capture Fisheries in Spain

The data reveals a trajectory of significant fluctuations in the production value of whole fresh marine fishes in capture fisheries in Spain from 2013 to 2023. In 2023, the value stood at 4.12 thousand euros per metric ton. There was notable volatility with an exceptionally high increase of 68.61% recorded in 2021, followed by a consistent rise over the next two years. However, past years experienced varied growth, with substantial declines, such as an almost 25% drop in 2018 and a steady decreasing trend until 2020, where an increase took off.

Looking forward:

  • The forecast indicates a steady increase in value, with the CAGR over the next five years projected at 1.26%, suggesting moderate growth.
  • The 5-year growth rate forecast stands at 6.47%, reflecting a continuation of the positive trend observed since 2021.
  • Factors such as improvements in fishing technologies, sustainability practices, and market demand will be critical in influencing future outputs.

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