Forecast: Freshwater Fish Demand in Argentina

The demand for freshwater fish in Argentina has shown considerable fluctuation over the past decade. In 2023, the demand stood at 14.95 thousand metric tons, indicating a year-on-year growth of 1.84%. The demand illustrated notable peaks and troughs, with a significant decline in 2016 by 13.93% and a robust recovery by 16.64% in 2021. The average annual growth rate (CAGR) over the last five years (2019-2023) was approximately 2%. Looking ahead, forecasts from 2024 onward show a consistent upward trend, with a forecasted 5-year CAGR of 1.41%, and an overall growth rate of 7.26% by 2028.

Future trends to watch for include:

  • An ongoing steady increase in freshwater fish demand, reflecting growing consumer preference for healthier protein sources.
  • Potential impacts from environmental policies and sustainable fishing practices aimed at preserving aquatic ecosystems.
  • Emerging technological advancements in aquaculture to boost local production capacities and meet rising demands.

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