The export volume of demersal fish in the UAE saw fluctuations from 2014 to 2023, starting at 14.5 thousand metric tons in 2014 and rising to 18.88 thousand metric tons in 2023. Significant year-on-year variations include a 19.42% increase in 2017 and a 15.69% decline in 2020. Over the last two years, there was a 1.4% increase in 2023. The 5-year CAGR leading up to 2023 was 1.29%, suggesting modest annual growth.
Future projections from 2024 to 2028 suggest steady growth, with a forecasted 5-year CAGR of 1.14%. By 2028, the export volume is expected to reach 20.23 thousand metric tons, growing at a rate of 5.84% over this period.
Key future trends to watch for include advancements in sustainable fishing practices, potential policy changes impacting exports, and market demands shifting towards varied seafood products. Monitoring export regulations and international trade dynamics will be critical to maintaining growth.
