The forecast for fresh Atlantic cod production in the UK indicates a gradual increase in value from 2024 to 2028, rising from 3.78 thousand euros per metric ton in 2024 to 3.99 thousand euros per metric ton in 2028. This steady rise reflects an average annual growth rate (CAGR) that aligns with a positive trajectory for the industry. Notably, the data suggests a year-on-year growth rate of approximately 1.3% from 2024 onwards.

Future trends to watch for:

Impact of climate change on fishing patterns and cod stock sustainability.
Changes in European Union trade relations post-Brexit, potentially affecting market access and pricing.
Technological advancements in capture fisheries that could influence efficiency and production volumes.