In 2023, the pelagic fish export volume in Saudi Arabia stood at X thousand metric tons. Based on forecasted data from 2024 to 2028, there is a declining trend in the export volume, starting from 5.37 thousand metric tons in 2024 and decreasing steadily to 4.76 thousand metric tons by 2028.
Year-on-year variations reveal a consistent decrease:
- 2024 to 2025: -2.79%
- 2025 to 2026: -3.07%
- 2026 to 2027: -3.04%
- 2027 to 2028: -3.06%
The CAGR for the period 2024-2028 stands at approximately -3% per year.
Future trends to watch for include fluctuations in global demand and environmental factors, such as changes in ocean temperatures and regulations impacting fishing practices. Additionally, advancements in aquaculture may impact the pelagic fish supply chain.
