The forecasted data for fresh whiting fish production prices in the UK capture fisheries sector shows a steady increase from 2024 to 2028, beginning at €1.65 thousand per metric ton in 2024 and growing to €1.74 thousand by 2028. This marks a consistent year-on-year rise ranging from approximately 1.2% to 1.4% over this period. As we enter 2024, it’s important to note that the fresh whiting prices are expected to grow at a CAGR of approximately 1.3% over the forecast span.
Future trends to watch for include:
- Impact of Brexit-related policies on fishing quotas and tariffs.
- Climate change effects on fish habitat and populations.
- Shifts in consumer demand toward sustainable seafood options.
- Technological advancements in fishing practices and supply chain efficiencies.
