The demand for freshwater fish in Mexico has shown significant fluctuations over the past years. From 2014 to 2023, demand has increased from 473.0 thousand metric tons to 599.41 thousand metric tons, demonstrating overall growth despite some years of decline. The standout years include a substantial 16.54% increase in 2016 and a dramatic 15.98% drop in 2020, likely impacted by external factors such as economic conditions or disruptions in supply chains. The year 2023 saw a modest 1.12% year-on-year growth, reflecting a stable demand trend. The compound annual growth rate (CAGR) for the past five years was 1.3%, indicating steady long-term growth.
Looking ahead, forecast data suggest continuous growth in demand, with the figure expected to reach 632.28 thousand metric tons by 2028, representing a 4.58% growth over the five-year period and an average annual growth rate (CAGR) of 0.9%. This projected trend signals a consistently increasing demand for freshwater fish in Mexico.
Future trends to watch for:
- Potential impacts of climate change on freshwater fish habitats.
- Shifts in consumer preferences towards sustainable and locally sourced fish.
- Economic and regulatory changes affecting fish farming and import/export dynamics.
