Forecast: Pelagic Fish Demand in Denmark

The demand for pelagic fish in Denmark is projected to see a gradual increase over the forthcoming years. In 2023, the volume stood at 90.1 thousand metric tons. For the years 2024 to 2028, the forecasted annual figures show a modest yet consistent rise: 90.34, 90.61, 90.88, 91.13, and 91.39 thousand metric tons, respectively.

Year-on-year variations display slight increments:

  • 2024: +0.27%
  • 2025: +0.3%
  • 2026: +0.3%
  • 2027: +0.28%
  • 2028: +0.28%

Over the last two years, the trend has shown consistent growth, reinforcing a stable supply-demand equilibrium. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 reflects an average annual increase of around 0.29%.

Future trends to watch for include the impact of sustainable fishing practices, regulatory changes, fluctuating consumer preferences towards seafood, and climate change effects on fish stocks. Monitoring these factors will be crucial for predicting long-term demand shifts.

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