The demersal fish market in Saudi Arabia saw notable fluctuation from 2014 to 2023. Despite a dip in 2020 with a year-on-year decline of -15.61%, the market rebounded in subsequent years. In 2023, the market size stood at 71.34 thousand metric tons, showing a modest increase of 1.52% from the previous year. Over the past five years, the Compound Annual Growth Rate (CAGR) was 1.53%, indicating a steady, albeit slow, increase in market size.

Looking ahead, the demersal fish market in Saudi Arabia is forecasted to grow at a CAGR of 1.2% over the next five years, reaching 76.68 thousand metric tons by 2028. This represents a total growth rate of 6.12% during the forecast period.

Future trends to watch for include:

Continued focus on sustainable fishing practices to maintain fish stocks.
Government initiatives promoting aquaculture to boost local production.
Potential impacts of climate change on fish habitats, which may influence supply.
Shifts in consumer preferences towards organic and locally-sourced fish.