The forecast for fresh surmullet production in UK capture fisheries for human consumption indicates a consistent declining trend from 2024 through 2028. Starting at a production value of 464.54 thousand euros in 2024, projections show a decrease to 336.84 thousand euros by 2028. Comparing this with 2023, there is a noticeable reduction, reflecting an increasing annual decline in production. Year-on-year decreases are approximately 7% for each year. The Compound Annual Growth Rate (CAGR) over these five years also suggests a decreasing trend. This consistent decline may be driven by environmental factors, regulatory changes, or shifts in consumer demand.
Future trends to watch for include:
- The impact of environmental policies on fishing limits and quotas.
- Changes in consumer preferences that may affect fish demand.
- Technological advancements in fishing that could alter production methods.
- Potential economic factors that might impact the fisheries sector.
