Forecast: Crustaceans Production in United Arab Emirates

The United Arab Emirates experienced significant volatility in crustacean production from 2014 to 2023, with a general downward trend. Production peaked in 2015 at 670.0 metric tons, followed by a sharp decline, with the lowest point in 2020 at 420.0 metric tons. The year 2023 saw a slight decrease of 2.04%, bringing the production to 480.0 metric tons. Over the last two years, the average annual decline was around 1.96%, with a five-year CAGR indicating a moderate annual contraction of 1.85%. The forecast through to 2028 shows a continued decline, reaching 430.0 metric tons by the end of this period, cumulatively reducing by 8.9%.

Future trends to watch include potential policy shifts in marine conservation, technology advancements in aquaculture, and changes in consumer preferences as they may influence production levels. Sustainable practices and innovation in farming techniques could provide pathways for stabilizing or even reversing the downward trend in crustacean production.

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