Forecast: Demersal Fish Export Volume in Mexico

Demersal fish export volume in Mexico has shown fluctuations over the past decade. In 2023, the export volume stood at 9.17 thousand metric tons. From 2014 to 2023, the volume varied, experiencing significant drops in 2015 and 2020, followed by positive growth years such as 2016 and 2021. The year-on-year variation for 2023 was 0.99%, marking consistent yet modest growth. Over the last five years, the compound annual growth rate (CAGR) was 0.94%.

Looking forward, the forecast for 2024 and beyond anticipates steady growth, with the volume expected to reach 9.61 thousand metric tons by 2028. The projected five-year CAGR is 0.79%, implying a gradual upward trend in export volumes.

Future trends to watch for:

  • Global demand for sustainably sourced fish
  • Impact of climate change on fish populations
  • Innovations in fishing technologies and regulations

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