In 2023, the value of frozen, gutted, and headed finfish production for human consumption in the UK stood at €4.21 thousand per metric ton. Forecasts from 2024 to 2028 indicate a steady upward trend in value each year, with an annual growth rate ranging from 4.7% in 2024 to an eventual 4.0% CAGR over five years, reaching €5.24 thousand per metric ton in 2028.
Future trends to watch for:
- Sustainability practices impacting capturing methods
- Technological advancements in processing and logistics enhancing efficiency
- Potential supply chain disruptions influencing price adjustments
- Consumer shifts towards alternative proteins could alter demand
