In 2023, the UK's production of whole fresh Blackbelly Rosefish in capture fisheries stood at 196 metric tons. The forecast for 2024 predicts a growth to approximately 203 metric tons, marking a year-on-year increase of 3.6%. This growth trend is expected to continue steadily each year, with production reaching around 230 metric tons by 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is estimated at 3.2%, showing healthy growth in this niche sector.
Future trends to monitor include potential changes in ocean policies, market demand fluctuations, and environmental impacts on fish populations. Understanding these factors will be crucial for sustaining growth trajectories in the industry's capture fisheries segment.
