In 2023, the Pelagic Fish Market Size Volume in Egypt stood at 349.82 thousand metric tons. The market experienced a year-on-year decrease of 3.59% compared to 2022, marking a continued decline. Over the past five years, the market has shown an average annual reduction (CAGR) of 3.44%. In a longer-term perspective, the period from 2014 to 2023 has seen a significant contraction, with volumes dropping considerably from 585.02 thousand metric tons in 2014 to 349.82 thousand metric tons in 2023.
Future trends to watch for in the Pelagic Fish Market in Egypt include:
• Sustainability measures and their impact on fish stocks and market supply.
• Economic conditions affecting consumer purchasing power and demand.
• Policy and regulatory changes influencing fishing practices and market dynamics.
• Potential adoption of advanced aquaculture technologies to boost supply and counteract declining wild catches.
