The pelagic fish export volume in the United Arab Emirates has shown a general upward trend from 2014 to 2023, standing at 30.21 thousand metric tons in 2023. The year-on-year variation highlights fluctuations, such as significant increases in 2015 (14%), 2016 (11.36%), and 2017 (12.02%), and a notable decline in 2020 (-15.02%) due to potential market disruptions. The last two years before 2024 have seen moderate growth, with increments of 7.55% in 2022 and 2.06% in 2023. The compound annual growth rate (CAGR) over the past five years is 2.18%. Future trends suggest a more stable growth pattern with a forecasted five-year CAGR of 1.61%, indicating a projected overall growth rate of 8.3% by 2028.
Future trends to watch for include advancements in sustainable fishing practices, possible regulatory changes affecting export capacities, and shifts in global market demand cycles for pelagic fish, which could further influence export volumes from the UAE.
