In 2023, the value of fresh squids, cuttlefishes, and octopuses production in capture fisheries in the UK stood at approximately 4.36 thousand euros per metric ton. From 2024 to 2028, forecasted values show a steady increase, with a year-on-year percentage growth observed annually at approximately 2%. Over the five-year period, a compound annual growth rate (CAGR) of about 2% is anticipated, reflecting consistent growth in the sector.
Future trends to watch for include potential impacts from Brexit-related trade adjustments, sustainable fishing practices influencing supply, and demand shifts due to changing consumer preferences and environmental policies.
