The production of whole fresh jack and horse mackerels in capture fisheries for human consumption in the UK is projected to grow steadily from 2024 to 2028. The forecasted price in 2024 is €912.02 per metric ton, increasing to €996.71 by 2028. This reflects a consistent year-on-year growth rate, with compound annual growth over these years indicating an upward trend. In 2023, prices stood at €891.20, thus marking a positive shift into 2024. Key observations show an increase in demand and possibly improved harvest efficiencies contributing to this price rise.
Future trends to watch for include potential regulatory changes in capture fisheries, innovation in sustainable fishing practices, and international competition impacting pricing and production levels. The industry's adaptability to environmental challenges and consumer preferences for sustainable seafood sources will also be significant factors influencing future market dynamics.
