Frozen common squid production in the UK is expected to decline sharply from 427.69 euros in 2024 to 114.95 euros by 2028. Forecast data from 2024 indicate a worrying downward trajectory, marking a significant drop of 73% by 2028. The compound annual growth rate (CAGR) over these five years reflects an average annual decline, highlighting challenges in the sector. In 2023, production stood below 2024 levels, though exact figures are unavailable.
Future trends to watch for include potential impacts from environmental factors, regulatory changes, or shifts in consumer demand that could further influence the squid market in the UK.
