The demand for demersal fish in Mexico experienced fluctuations over the past decade. Notable year-on-year variations include an 18.18% increase in 2015 and a 15.69% decrease in 2020, likely impacted by market or external factors. From 2022 to 2023, demand rose by 1.42%, standing at 236.98 thousand metric tons in 2023. The compound annual growth rate (CAGR) from 2019 to 2023 was 1.69%, indicating modest growth. Looking ahead, demand is projected to increase steadily, with an estimated CAGR of 1.13% from 2024 to 2028, reaching 253.66 thousand metric tons by 2028, resulting in a 5.77% total growth over five years.
Future trends to watch for include shifting consumer preferences towards sustainable fishing practices, potential regulatory changes impacting the fishing industry, advancements in aquaculture technology, and economic factors influencing disposable income and spending on seafood products.
