In 2023, production value for whole fresh flounders, halibuts, and soles in UK capture fisheries was at €1.95 thousand per metric ton. Forecasted data for 2024 shows a decline by 2.56% to €1.9 thousand per metric ton and a continued annual decline of about 2.7%, reaching €1.7 thousand per metric ton by 2028. The compound annual growth rate (CAGR) over the forecasted five-year period is negative, highlighting a consistent downward trend in the market value.
Looking forward, key trends to monitor include:
- Potential impacts of climate change on fish population and capture yields.
- Changes in consumer demand for these fish types affecting market value.
- Regulatory changes affecting the capture fisheries industry.
