As of 2023, the whole fresh European plaice production in capture fisheries for human consumption in the UK stood at an approximated value of 95.0 thousand euros. Forecasted values indicate a rising trend, with a notable year-on-year increase showing 2024 at 99.93 thousand euros, and expected to rise steadily to 118.97 thousand euros by 2028. This represents a cumulative average growth rate (CAGR) of approximately 4.5% over the forecast period.
Future trends to watch for:
- Adapting to environmental regulations which may affect fishing quotas.
- Brexit implications on trade agreements impacting export markets.
- Technological advancements improving sustainability and efficiency in fisheries.