The production value of tails fresh seafood in UK capture fisheries for human consumption is projected to decrease steadily from 2024 to 2028, starting at 25.412 million euros in 2024 and declining to 25.317 million euros by 2028. Compared to the actual figures of 25.44 million euros in 2023, this represents a slightly negative year-on-year trend.
Key variations:
- 2023-2024: -0.11%
- 2024-2025: -0.10%
- 2025-2026: -0.09%
- 2026-2027: -0.09%
- 2027-2028: -0.09%
Compound Annual Growth Rate (CAGR) from 2023-2028 is approximately -0.10%.
Future trends to monitor include potential impacts of Brexit on the fisheries sector, changes in consumer seafood consumption habits amid growing sustainability concerns, and economic factors affecting the cost of seafood production and distribution in the UK.
