Forecast: Gross Tonnage of Fishing Vessels in Argentina

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.

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