In 2023, the fisheries production volume in Argentina stood at 874.35 thousand metric tons. The historical data shows a decrease from 2013 to 2016, followed by a fluctuating recovery phase. Over the last two years, there were incremental increases, with a year-on-year variation of 1.06% in 2022 and 1.04% in 2023. The last calculated 5-year CAGR up to 2023 is 0.84%. Looking forward, the fisheries production volume is forecasted to continue growing moderately, with a projected 5-year CAGR of 0.78% and an overall growth rate of 3.95% by 2028.
Future trends to watch for include:
- Potential impact of environmental changes on fish stocks.
- Shifts in local and international demand for fishery products.
- Regulatory changes affecting fishing practices.
- Advancements in sustainable fishing technologies.
