The forecast for Whole Fresh Atlantic Cod production in the UK capture fisheries is projected to decline steadily from 2024 to 2028, with prices decreasing from 1.81 to 1.62 thousand euros per metric ton. Compared to 2023, where the value stood slightly higher, the data indicates a downward trend of approximately 2.8% annually over the five-year period, reflecting a Compound Annual Growth Rate (CAGR) for this timeframe.
Future trends to watch for include:
- Potential impacts of climate change on fish populations, impacting future supply.
- Shifts in regulatory policies affecting fishing quotas and conservation efforts.
- Technological advancements in sustainable fishing practices.
