The filleted fresh whiting fish production in UK capture fisheries for human consumption is expected to decrease markedly from 2024 to 2028, with a steady decline from €647.16 per metric ton in 2024 to €329.86 per metric ton in 2028. This forecasted trend represents a consistent year-on-year reduction, averaging a compound annual growth rate (CAGR) over the five-year period. In comparison, the observed average price in 2023 was significantly higher than the projected prices for the upcoming years.
Future trends to watch for include potential factors that could impact supply, such as changes in environmental policies, fishing quotas, and technological advancements in sustainable fishing practices, which may influence production costs and market prices.
