In 2023, the UK produced approximately 122.2 thousand metric tons of fresh cods, hakes, and haddocks from capture fisheries. Forecast data for 2024-2028 suggests a steady upward trend in production, starting at 122.9 thousand metric tons in 2024 and reaching 125.64 thousand metric tons by 2028. Year-on-year growth rates indicate a moderate increase, averaging around 0.57% annually. This consistent growth highlights a gradual, positive trajectory for the industry.
The compound annual growth rate (CAGR) over the forecasted period is around 0.55%, underscoring a stable yet modest rise in production capacity for these fish species.
Future trends to watch include environmental regulations, changes in fish stock health, climate impact, and advancements in sustainable fishing technology, as these factors could significantly influence production levels and market dynamics.
