The forecast for frozen brill production in capture fisheries in the UK shows a steady year-on-year increase from 2024 through 2028. Starting at €913.27 in 2024, it gradually rises to €969.95 by 2028. This consistent increase equates to a Compound Annual Growth Rate (CAGR) of approximately 1.5% over the five years. This upward trend suggests a stable growth in the industry post-2023. The value in 2023 stood at €900, setting a baseline for these forecasts.
Future trends to watch for include various factors that could impact production, such as changes in environmental regulations, shifts in fish population dynamics, and potential economic influences like demand shifts in European markets or currency fluctuations affecting export values.