The production forecast data shows a year-on-year percentage variation as follows:
- 2024: 40.99 Metric Tons
- 2025: -11.76%
- 2026: -13.06%
- 2027: -14.79%
- 2028: -16.91%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -12.73%, indicating a significant decline in production year over year.
Future Trends: Producers should closely monitor environmental changes, regulatory impacts, and global market demand. Sustainable fishing practices and innovations in aquaculture might play crucial roles in stabilizing or reversing this downward trend in production.
