The fisheries production volume in the United Arab Emirates has shown fluctuations from 2013 to 2023. In 2023, the volume stood at approximately 61.85 thousand metric tons. The year-on-year variation over the last two years indicated a decrease of 1.19% from 2022 to 2023. Over the past five years, the Compound Annual Growth Rate (CAGR) averaged around -1.6%, indicating a downward trend.
Looking ahead, the forecasted data from 2024 to 2028 suggests a continued decline in production volume. The expected CAGR over this forecasted period is -0.9%, with an overall forecasted growth rate of -4.4% by 2028.
Future trends to watch for include advancements in sustainable fishing techniques, governmental policies affecting marine resources, and potential impacts of climate change on marine ecosystems. Monitoring these trends will be crucial for strategizing sustainable fisheries management and adapting to anticipated changes.
