Argentina's pelagic fish production in 2023 stood at 19.14 thousand metric tons. The forecasted data for 2024 shows a slight decline to 18.63 thousand metric tons, representing a year-on-year decrease of 2.66%. Further declines are projected in subsequent years, with volumes dropping to 18.15 thousand metric tons in 2025, 17.68 in 2026, 17.22 in 2027, and 16.77 in 2028. This trend signifies a consistent decline in production, with an average annual reduction (CAGR) of approximately 2.61% over the five-year period from 2024 to 2028.
Future trends to watch for include potential impacts of climate change on marine ecosystems, which could further affect fish populations and production volumes. Additionally, regulatory changes in fisheries management and international trade policies could also play significant roles in shaping production dynamics.
