Forecast: Fresh Herrings, Sardines, Anchovies Production in Capture Fisheries in Spain

Based on the data provided, the forecasted year-on-year variations are as follows:

  • 2024 to 2025: (142.41 - 136.43) / 136.43 = 4.39%
  • 2025 to 2026: (148.34 - 142.41) / 142.41 = 4.17%
  • 2026 to 2027: (154.2 - 148.34) / 148.34 = 3.95%
  • 2027 to 2028: (160.01 - 154.2) / 154.2 = 3.77%

The average annual growth rate (CAGR) for the 2024-2028 period is approximately 4.07%.

The overall trend indicates consistent growth in the production value of fresh herrings, sardines, and anchovies in Spain's capture fisheries, reflecting a positive market outlook. Future trends to watch include sustainability practices, technological advancements in fishing techniques, and regulatory changes that may impact production volumes and values.

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