The forecast for gutted fresh tusk cusk production in capture fisheries for the UK suggests a decline from 2024 through 2028. With a starting value of 2.38 thousand euros in 2024, the production decreases annually, reaching 2.07 thousand euros by 2028. The compound annual growth rate (CAGR) over the five-year period indicates a steady contraction in the market. Given that production stood at a higher level in 2023, this signifies a notable downward trend over the forecasted years.
Future trends to watch for include:
- Technological advancements in fisheries aimed at increasing catch efficiency
- Possible changes in regulatory policies impacting capture fisheries
- Environmental factors influencing fish populations
- Market demand shifts that might alter production priorities