The forecast for whole frozen cuttlefish and bobtail squids production in the UK capture fisheries indicates a gradual decline from 2024 to 2028. Starting at 1.5 metric tons in 2024, production decreases to 1.43 metric tons by 2028. Given the value in 2023 was 1.52 metric tons, the year-on-year decline is consistent, with a notable 0.98% decrease in 2024, and an average annual CAGR of approximately -1.15% over five years.
Future trends to monitor include potential environmental factors affecting marine biodiversity, technological advancements in sustainable fishing, regulatory changes, and consumer demand shifts towards sustainable seafood options.
