Based on the provided data, the pelagic fish market in Chile is anticipated to experience a steady increase in volume per capita from 4.76 kilograms in 2024 to 4.83 kilograms in 2028. In 2023, the baseline volume per capita stood at 4.74 kilograms. The year-on-year percentage variations are moderate, with minimal increases of approximately 0.42% to 0.46% annually from 2024 to 2028. The Compound Annual Growth Rate (CAGR) calculated over the last five years stands at around 0.40%.
Future trends to watch for include:
- Potential impacts of climate change on fish stocks which may affect supply.
- Changes in consumer preferences due to health and sustainability concerns.
- Possible regulatory changes in the fishing industry that could influence market dynamics.
