In 2023, the UK’s whole fresh haddock production in capture fisheries was 3.60 thousand metric tons. Forecasts from 2024 show a gradual decline, with values decreasing annually: 3.35 in 2024, 2.96 in 2025, 2.57 in 2026, 2.19 in 2027, and 1.82 in 2028. This shows a consistent downward trend. Year-on-year percentage declines indicate a bearish trend, showing negative growth dynamics over the period. The compound annual growth rate (CAGR) from 2024 to 2028 highlights the average yearly decrease over this five-year period.
Future Trends to Watch:
- Overfishing and its impact on haddock stock levels.
- Policies implemented by the UK government to combat declining fish populations.
- Technological advancements in sustainable fishing practices.
- Changes in consumer demand for haddock and other fish species.
