Demersal fish production in the United Arab Emirates has seen fluctuating trends between 2014 and 2023, with a notable drop in 2020 followed by a resurgence. As of 2023, the production stands at 42.54 thousand metric tons. Year-on-year analysis for the last two years shows a consistent increase, with a growth rate of 0.42% from 2022 to 2023. The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) is 0.43%, indicating moderate growth despite the volatility.
Future trends to watch for include:
- Continued moderate growth with a forecasted 5-year CAGR of 0.36% leading to a production of 43.35 thousand metric tons by 2028.
- Potential impacts from environmental regulations and sustainability initiatives that may influence production rates.
- Technological advancements in fishing and aquaculture which could enhance efficiency and output.