The data indicates a declining trend in the capture fisheries production volume in the UAE. Notable year-on-year variations include a 3.8% increase in 2021, followed by a 2.73% decrease in 2022. Looking at the compound annual growth rate (CAGR), the rate has been decreasing steadily: -1.67% in 2022 and -1.74% in 2023. The forecast for 2028 suggests a further decline with a forecast 5-year CAGR of -1.48%, translating to an overall decrease of 7.18% by 2028.
Future trends to monitor include changes in environmental policies, technological advancements in sustainable fishing, and potential impacts of climate change. Additionally, shifts in consumer demand for locally sourced seafood and government initiatives to support the fisheries sector could influence future production volumes.
