The demand for demersal fish in Argentina is forecasted to grow steadily between 2024 and 2028. Starting from 137.73 thousand metric tons in 2024, the demand is expected to reach 145.14 thousand metric tons by 2028. In comparison, the demand in 2023 stood at 135 thousand metric tons, indicating a year-on-year increase of approximately 2% from 2023 to 2024.
Year-on-year variations show a consistent growth trend:
• 2024-2025: ~1.4% increase
• 2025-2026: ~1.3% increase
• 2026-2027: ~1.3% increase
• 2027-2028: ~1.3% increase
Over the last two years from 2022 to 2023, there has been a cumulative growth of around 4%, translating to an average annual growth rate of approximately 2%.
Future trends to watch for include potential impacts from climate change on fish populations, shifts in consumer preferences towards sustainable seafood, and the effects of economic fluctuations on consumption levels. Demand may also be influenced by changes in fishing regulations and trade policies.
