In 2023, the value for tails frozen aquatic animals production in capture fisheries was not specified before the forecast starts in 2024. From 2024 to 2028, there is a consistent year-on-year decline in value, with each year experiencing an average reduction of approximately 2.5%. This gradual downward trend results in a compound annual growth rate (CAGR) of about -2.54% over the five-year period.
Future trends to watch for include potential impacts of Brexit-related trade adjustments, climate change affecting marine life, and shifts in global demand for sustainable seafood. Monitoring these factors will be crucial for strategic planning in the industry.
