In 2023, the production of tails frozen finfish in capture fisheries in the UK stood at 1.00 thousand metric tons. From 2024 onwards, a steady growth in production is forecasted as follows: 1.07 in 2024, 1.14 in 2025, 1.20 in 2026, 1.26 in 2027, and 1.32 thousand metric tons in 2028. This reflects a year-on-year growth, with a Compound Annual Growth Rate (CAGR) over the five-year forecasted period of approximately 4.6%.
Future trends to watch for include shifts in consumer demand for sustainable seafood, potential impacts from climate change on fish stocks, advancements in fishing technologies, and policy changes affecting UK fisheries. These factors could influence production volumes and market conditions significantly.
