The frozen seafood production in capture fisheries in the Netherlands experienced several fluctuations from 2013 to 2023. The series shows significant growth in 2015 with a 133.2% year-on-year increase but saw a notable decline in 2016 with a -34.7% drop. Positive growth resumed between 2017 and 2018, with respective increases of 31.9% and 7.14%, though production decreased again in 2019 by -17.47%. The years following 2019 saw modest fluctuations, with an increase of 14.58% in 2021, 3.6% in 2022, and 2.66% in 2023, stabilizing the production volume at 427.7 Thousand Metric Tons in 2023. The compound annual growth rate (CAGR) from 2019 to 2023 was -1.31%, reflecting overall minimal fluctuation over five years. The forecast from 2024 to 2028 predicts a 1.97% CAGR with an estimated total growth of 10.22% over the next five years, reaching 484.11 Thousand Metric Tons in 2028.
Future trends to watch for include:
- Technological advancements in fishing and processing
- Changes in environmental regulations and sustainability practices
- Market demand shifts driven by consumer preferences and economic factors