The forecast for Fresh Atlantic Mackerel production in capture fisheries in the UK suggests a steady growth from 2024 to 2028, with values gradually increasing from 103.5 to 103.55 million euros. Comparatively, in 2023, the actual production stood at 103.48 million euros. The year-on-year variation indicates a negligible upward trend, characterized by slight annual increases ranging between 0.01% and 0.02%. Over the five-year forecast period, the compound annual growth rate (CAGR) is minimal, maintaining around 0.01% annually, suggesting stability in this sector.
Future trends to watch for include:
- Impact of regulatory changes on fishing quotas and sustainability practices.
- Market demand shifts influenced by consumer preferences and health trends favoring seafood.
- Technological advancements in fishing methods that could increase efficiency and capacity.
- Economic factors such as currency fluctuations affecting export competitiveness.