Over the period from 2012 to 2022, the frozen fish fillets market volume in the UK exhibited significant variability. Initially decreasing until 2015, the market then fluctuated, with notable growth from 2018 onwards. The year-on-year variations highlight a peak increase of 12.4% in 2018. The Compound Annual Growth Rate (CAGR) improved over time, reaching 3.71% in 2022. For the most recent two years, the market grew by 1.48% in 2021 and 1.43% in 2022, indicating steady growth. As of 2023, the market volume stands slightly above the previous year's figure.
Future trends to watch for include the impact of sustainability practices on consumer behavior and the potential effect of post-Brexit trade agreements on supply chains. Moreover, health trends, such as increased dietary focus on Omega-3 fatty acids, could drive demand further.
How does the United Kingdom rank in Frozen Fish Fillets Market Size Volume?
| # | 16 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 190,270,000 | 2023 | +1.39% | +1.6% | |
| 2 | 2 Germany | 182,870,000 | 2023 | -4.06% | -4.05% | View data |
| 3 | 3 France | 157,610,000 | 2023 | -0.16% | -0.56% | View data |
| 4 | 4 Spain | 149,080,000 | 2023 | +0.054% | +1.08% | View data |
| 5 | 5 Poland | 125,140,000 | 2023 | +0.97% | +1.89% | View data |