The forecast for fresh Atlantic Cod production in UK capture fisheries for human consumption shows a steady increase in value from 2024 to 2028. Starting at 3.81 thousand Euros per metric ton in 2024, it is projected to rise to 4.05 thousand Euros per metric ton by 2028. This indicates a consistent upward trend with annual year-on-year growth rates around 1.57%. The compound annual growth rate (CAGR) for the period is approximately 1.57% as well, reflecting sustained growth expectations beyond the current year.
Future trends to watch for include potential shifts in demand due to consumer preferences, changes in fishing regulations, and environmental impacts affecting cod populations, which can influence production capabilities and pricing trajectories. Keeping an eye on these factors will be crucial for strategic planning in the fisheries sector.
