Forecast: Frozen European Plaice Production in Capture Fisheries in the UK

The production value of frozen European Plaice in the UK's capture fisheries is on a slight downward trend from 2024 to 2028, starting at 1.87 thousand euros per metric ton in 2024 and decreasing incrementally to 1.83 thousand euros by 2028. This represents a consistent annual decline of approximately 0.53%, indicating a subdued market environment for this period.

Key future trends to watch include:

  • The impact of regulatory changes on fishery practices and quota allocations, which could affect supply.
  • Consumer preferences shifting towards sustainability, potentially influencing market demand and pricing.
  • Advancements in freezing and preservation technology that might affect production costs and efficiencies.

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