The forecast for fresh surmullet production in UK capture fisheries is stable from 2024 to 2028, with values hovering around 5.38 to 5.39 thousand euros per metric ton. Comparing it to 2023, where actual values stood at the same level, shows negligible change. The year-on-year variation echoes a steady state with essentially no percentage shift. Over a five-year horizon, the compound annual growth rate (CAGR) reflects stability without growth, indicating a mature market with limited volatility in prices.
Future trends to watch for:
- Potential impacts of Brexit on trade agreements, affecting surmullet prices.
- Climate change influencing fish populations and capture yields.
- Advancements in sustainable fishing practices and their economic implications.
