The forecast for the production value of gutted frozen flounders, halibuts, and soles in the UK's capture fisheries indicates a steady increase from 2024 to 2028, with values ascending from 6.07 to 6.56 thousand Euros per metric ton. In 2023, the actual production value stood at a similar level to the forecast start in 2024. Year-on-year, the growth rates remain consistent, suggesting stable market conditions, and over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reflects a modest yet stable uptrend.
Future trends to monitor include:
- Changes in international demand and export markets for these fish species.
- Impacts of regulatory policies related to sustainable fishing practices.
- Technological advancements that might affect production efficiency and costs.
