The forecast for total haddock production in capture fisheries for human consumption in the UK shows a steady upward trajectory from 2024 to 2028. Standing at 1.85 thousand euros per metric ton in 2023, the value is projected to incrementally increase from 1.97 in 2024 to 2.04 in 2028. This represents a year-on-year growth of approximately 1% to 1.5%, with the Compound Annual Growth Rate (CAGR) over the forecast period averaging around 1.5%.
Future trends to watch for include:
- Economic factors influencing consumer demand for haddock.
- Environmental regulations affecting capture fisheries.
- Technological advancements in fishing methods.
- Trade policies post-Brexit impacting fisheries exports.
