Forecast: Total Cods, Hakes and Haddocks Production in Capture Fisheries for Human Consumption in the UK

The forecast for total cod, hakes, and haddocks production in UK capture fisheries for human consumption shows an upward trend from 2024 through 2028. The production value is estimated to grow steadily, from 2.84 in 2024 to 3.10 in 2028 thousand euros per metric ton. In 2023, the industry faced challenges with the production value lower than 2024 levels, indicating recovery and growth. Each year reflects a consistent increase of approximately 2-3%, culminating in a CAGR of around 2.8% over this forecast period, highlighting positive growth momentum.

Future trends to watch for include:

  • Impact of environmental regulations on capture fisheries.
  • Technological advancements improving efficiency and sustainability.
  • Potential market disruptions from geopolitical or economic changes.
  • Adapting to consumer demand shifts toward sustainable and traceable seafood sources.

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