The forecast for gutted fresh common mora production in capture fisheries in the UK indicates a gradual increase in value from 2024 to 2028, rising from 2.64 to 2.98 thousand euros per metric ton. The market showed an actual value of 2.58 thousand euros per metric ton in 2023, leading to a forecasted increment trajectory over the coming years.
- The year-on-year growth is projected to average between 3.4% - 4.3% annually, suggesting a consistent expansion phase in the market.
- The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 is expected to be approximately 2.9%, portraying a stable escalation trend.
Future trends to watch involve monitoring price fluctuations due to potential economic disruptions or environmental changes impacting fishing yields. Additionally, evolving regulations and consumer demand shifts towards sustainable sourcing could influence market dynamics significantly.
