In 2023, fresh garfish production in the UK stood at an unspecified value. From 2024 onwards, there is a clear downward trend in the forecasted production of fresh garfish, with estimates showing year-on-year declines: a decrease of 21% in 2025, 20% in 2026, 32.5% in 2027, and 43.2% in 2028. Over a five-year period, the compound annual growth rate (CAGR) suggests a consistent average reduction, indicating a challenging future for the sector.
Future trends to watch for:
- Impact of policy changes on fishing quotas.
- Environmental shifts affecting marine biodiversity.
- Technological advancements in sustainable fishing methods.
- Market demand fluctuations for fresh garfish and substitutes.