The forecast data shows a declining trend in filleted fresh Atlantic Cod production in capture fisheries in the UK. The value is expected to decrease from 2.19 thousand euros per metric ton in 2024 to 1.32 thousand euros per metric ton by 2028.
The year-on-year percentage decrease is substantial, reflecting an ongoing decrease in production value. From 2024 to 2028, the compound annual growth rate (CAGR) suggests an average yearly decline in value.
Future trends to watch for include:
- Impact of regulatory changes on fishery practices.
- Sustainability initiatives affecting production practices and costs.
- Market demand fluctuations affecting pricing dynamics.
