In 2023, the value of whole fresh red gurnard production in capture fisheries in the UK was established as the baseline before the forecasted increase. From 2024, forecasts indicate steady growth from 1.84 to 2.12 thousand euros per metric ton by 2028, reflecting rising demand or changes in market dynamics.
The year-on-year percentage growth shows a consistent upward trend. This growth reflects a compounded annual growth rate (CAGR) over the five-year period from 2024 to 2028.
Future trends to watch for include:
- Potential impacts of regulatory changes on fishing practices.
- Market shifts due to consumer preference for sustainable seafood options.
- Economic factors influencing production costs and exchange rates.
