In 2023, demersal fish production in Mexico stood at 237.76 Thousand Metric Tons. The forecasted data for the upcoming years indicate a gradual and steady increase in production, with values rising from 241.55 Thousand Metric Tons in 2024 to 257.09 Thousand Metric Tons by 2028.
The year-on-year variations between each year are as follows:
- 2024 to 2025: 1.66% increase
- 2025 to 2026: 1.60% increase
- 2026 to 2027: 1.53% increase
- 2027 to 2028: 1.49% increase
Over the entire forecast period from 2024 to 2028, the compound annual growth rate (CAGR) for Mexico's demersal fish production is projected to average around 1.60% annually.
Future trends to watch for in Mexico's demersal fish production include potential impacts from climate change, advancements in sustainable fishing practices, and shifts in market demand. Additionally, regulatory changes and technological innovations in fishery management could further influence production trends. Monitoring these factors will be critical for anticipating changes in the industry.
