The Demersal fish production in Saudi Arabia stood at 32.66 thousand metric tons in 2023, marking a year-on-year growth of 0.031%. Over the past two years, the production displayed noticeable fluctuations, with a significant dip in 2020 by -16.97% and a robust recovery in 2021 by 14.46%. The five-year compounded annual growth rate (CAGR) leading up to 2023 is calculated at 0.018%, reflecting a stable yet modest growth trend.
Future trends suggest a gradual increase in production, projected to reach 32.61 thousand metric tons by 2028, with a forecasted five-year CAGR of 0.03% and an overall growth rate of 0.17% over the same period. Key areas to watch for include technological advancements in sustainable fishing practices, government policies encouraging marine biodiversity conservation, and potential impacts of climate change on marine environments.
