In 2023, Argentina's import of fish fillets and other fish meat stood at $20 million. The forecasted data from 2024 to 2028 shows a steady increase in imports, starting at $20.541 million in 2024 and reaching $23.13 million by 2028. This represents a year-on-year percentage increase as follows:
• 2024: 2.71%
• 2025: 3.24%
• 2026: 3.09%
• 2027: 2.93%
• 2028: 2.79%
Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) is approximately 2.95%, indicating a stable upward trend.
Future trends to watch for include potential changes in global fish supply chains, exchange rate fluctuations, and trade policies that could impact import prices and volumes. Environmental factors affecting fish stock and shifts in consumer preferences towards sustainable seafood could also influence future import dynamics.
