Based on the provided data, the fish body oil export volume in the United Arab Emirates is expected to grow steadily from 2024 to 2028. With values forecasted to rise from 850 Metric Tons in 2024 to 970 Metric Tons in 2028, the export volume shows a consistent annual increase. In 2023, the actual export volume stood at 820 Metric Tons.
The year-on-year variations indicate a growth trend, with projected year-on-year increases of approximately 3.53% for 2025, 3.41% for 2026, 3.30% for 2027, and 3.19% for 2028. Over the last two years, the growth rate has trended upwards. The average Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is estimated to be around 3.36%.
Future trends to watch for include potential market fluctuations due to changes in global demand for health supplements, regulatory changes impacting export policies, and innovations in fish body oil extraction and processing technologies. Monitoring these factors will be crucial for anticipating future growth or challenges in this sector.
