In 2023, the total European conger production in the UK was measured at 818.50 Euros per metric ton. Moving into the forecasted period, the value is expected to steadily decrease from 793.15 Euros in 2024 to 694.67 Euros in 2028. This represents an average annual decline (CAGR) of approximately 2.5% over the five-year period. Notably, the largest year-on-year decrease is between 2027 and 2028, at 3.3%.
Future trends to monitor include potential shifts in marine biodiversity due to climate change and regulatory impacts from the UK’s post-Brexit fisheries policy. These factors could further influence capture fisheries and market dynamics.
