The forecasted total European Hake production for human consumption in the UK shows a positive trend, increasing from 5.63 thousand metric tons in 2024 to 6.6 thousand metric tons by 2028. In 2023, the production stood at 5.4 thousand metric tons, marking a consistent growth over subsequent years.
Year-on-year variations indicate a steady increase: 2025 grows by 4.4%, 2026 by 4.2%, 2027 by 3.9%, and 2028 by 3.6%. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 3.35%.
Future trends to monitor include potential shifts in demand, regulatory changes influencing fishing quotas, and environmental factors impacting fish populations. These could alter forecasted production volumes.
