In 2023, the production of gutted fresh haddock in UK capture fisheries was valued at approximately 55.7 million euros. The forecast from 2024 to 2028 indicates a steady increase in production value, escalating from 56.477 million euros in 2024 to 59.439 million euros in 2028. This progression represents year-on-year increases of approximately 1.4% to 1.2%. Over the five-year forecast, the compounded annual growth rate (CAGR) is about 1.3%, suggesting a stable but moderate growth trajectory.
Future trends to watch for include potential impacts of climate change on haddock stocks, shifts in regulatory policies regarding fishing quotas, and consumer demand shifts towards sustainable seafood options, which may influence production practices and profitability.
