The forecast for filleted fresh whiting fish production in capture fisheries in the UK shows a consistent upward trend from 2024 to 2028. With the production value starting at 157.99 Euros in 2024, it increases incrementally each year, reaching 185.01 Euros by 2028. In 2023, the production was 151.21 Euros, marking a year-on-year growth of approximately 4.5% to 5%. The Compound Annual Growth Rate (CAGR) over these five years is projected to be around 4.1%.
Future trends to watch for include:
- Environmental sustainability practices affecting fisheries output.
- Changes in consumer preferences possibly increasing demand for fresh fish.
- Regulatory amendments in fishing quotas or trade deals post-Brexit.