In 2023, the production value of fresh Jack and Horse Mackerels in capture fisheries in the UK stood steady. However, from 2024 onwards, a significant decline is forecasted: a 16.9% decrease in 2025, a 19.9% drop in 2026, a 24.3% reduction in 2027, and a final 31.6% fall by 2028. Over this five-year period, projections suggest an overall Compounded Annual Growth Rate (CAGR) of -25.5%, indicating a steady downward trend.
Future trends to watch for:
- Environmental factors affecting fish populations and catchment areas.
- Potential policy and regulatory changes impacting the fishing industry.
- Adoption of sustainable fishing practices influencing production volumes.
