Analyzing the freshwater fish market in Argentina, the volume in 2023 stood at 14.93 thousand metric tons. There was a year-on-year variation of 1.77%, reflecting steady growth. Over the last five years, the compound annual growth rate (CAGR) was 1.99%. The market saw significant fluctuations, including a sharp rise of 46.71% in 2015 and a notable decline of 15.32% in 2020.
From 2024 onwards, a forecasted CAGR of 1.41% is anticipated over the next five years, leading to a projected market volume of 16.27 thousand metric tons by 2028. This indicates continued, albeit moderate, growth in the sector.
Future Trends to Watch:
- Increased investment in sustainable fishing practices.
- Effects of climate change on freshwater ecosystems.
- Technological advancements in aquaculture.