In 2023, the demersal fish market size volume in Argentina stood at 136 thousand metric tons. Forecasts predict a data increase to 137.73 thousand metric tons in 2024. Subsequently, the market volume is forecasted to grow as follows: 139.64 thousand metric tons in 2025, 141.51 thousand metric tons in 2026, 143.34 thousand metric tons in 2027, and 145.14 thousand metric tons in 2028.
The year-on-year growth percentages are as follows:
- 2024: 1.3%
- 2025: 1.4%
- 2026: 1.3%
- 2027: 1.3%
- 2028: 1.3%
The Compound Annual Growth Rate (CAGR) for the forecast period (2024 to 2028) is around 1.3%.
Future trends to watch for in the demersal fish market include changes in domestic consumption patterns, potential improvements in fishing technology, and the impact of international trade policies on Argentina's fish exports. Environmental regulations and sustainability initiatives might also play a critical role in shaping the market dynamics over the coming years.
