In 2023, the production of frozen flounders, halibuts, and soles in capture fisheries for human consumption in the UK was recorded at a notable value. From 2024 onwards, a forecasted growth is anticipated, showing a consistent increment year-on-year with percentages indicating moderate expansion. Specifically, growth rates are 0.84% for 2025, 0.84% for 2026, 0.81% for 2027, and 0.78% for 2028, culminating in a five-year compound annual growth rate (CAGR) of approximately 0.81%. This illustrates a steady but measured increase in production value over the forecasted period.
Future trends to watch for include:
- Impact of climate change on fisheries productivity.
- Changes in consumer demand and dietary preferences towards sustainable seafood.
- Regulatory shifts impacting the fisheries sector.
- Technological advancements in sustainable fishing practices.
