The gross tonnage of fishing vessels in Argentina stood at 182.0 Thousand Metric Tons in 2023. Observing the historical data, from 2013 to 2019, there was a generally slight fluctuation, with a noticeable increase in 2019. However, from 2020 onwards, the tonnage has predominantly stabilized with marginal reductions year-on-year, particularly evident with a -0.55% decline in 2023 compared to 2022. Over the last five years, the CAGR shows an average annual variation of 0.45%.
Projected data from 2024 to 2028 indicates a slightly decreasing trend, with a forecasted 5-year CAGR at -0.22%, cumulatively resulting in a -1.1% decrease by 2028. Future trends may watch for:
- Impact of regulatory changes on fleet capacity and tonnage.
- Technological advancements potentially affecting vessel efficiency and gross tonnage.
- Environmental considerations and sustainability practices influencing fleet composition.