In 2023, the production of headed gutted fresh aquatic animals in capture fisheries for human consumption in the UK stood at approximately 342 thousand euros. Forecasts for 2024 to 2028 predict steady increases, with values rising from 358.02 thousand euros in 2024 to 425.12 thousand euros in 2028. Year-on-year growth rates show consistent increases between 2024 and 2028, reflecting a solid upward trend in production values. The compound annual growth rate (CAGR) over these five years is expected to average around 4.4%, indicative of a stable and positive growth trajectory.
Future trends to watch for include:
- Potential impact of post-Brexit regulations and trade agreements on fisheries and market access.
- Increasing consumer demand for sustainable seafood, which may influence production practices.
- Technological advancements in fishing practices and supply chain efficiencies.
- Environmental factors and climate change impacts on fishery resources and yields.