The UK’s live fish imports are forecasted to grow from $27.902 million in 2024 to $30.576 million by 2028, showcasing a steady upward trend. The year-on-year increase shows consistent growth, with a compound annual growth rate (CAGR) indicating an average rise of approximately 2.3% annually over this five-year period.
Looking ahead, several trends may impact future imports:
- Sustainability and ethical sourcing will likely become more crucial, influencing supplier choices.
- Potential policy changes post-Brexit could affect trade agreements and import tariffs.
- The rise of aquaculture and its technological advancements may alter import needs if domestic production grows.