The production forecast for whole frozen Atlantic Herring in the UK shows steady growth from 2024 to 2028, with values rising from 3.47 to 3.84 thousand metric tons. This indicates a consistent upward trend, forecasted to continue past 2023. The compound annual growth rate (CAGR) over this period suggests a stable increase in production volume. Year-on-year variations from 2024 to 2028 reveal the industry's gradual expansion, highlighting the potential for growth within the capture fisheries sector.
Future trends to watch include:
- Increasing global demand for sustainable seafood influencing production strategies.
- Potential impacts of climate change on fish stocks affecting supply consistency.
- Technological advancements in freezing and storage techniques improving product quality.
- Trade relationships post-Brexit impacting export opportunities for UK fish products.