In 2023, the gutted fresh European eel production in capture fisheries in the UK was valued at 555.07 Euros per metric ton. The forecast data from 2024 to 2028 shows a consistent decline in this production value, indicating a decrease in demand or supply constraints. Year-on-year decreases are observed consistently over the period, with the average annual decline, as represented by the 5-year compound annual growth rate (CAGR), being significant, highlighting a steady downward trend.
Future trends to watch for:
- Potential impacts of environmental regulations on European eel fisheries.
- Shifts in market demand driven by consumer preferences or economic factors.
- Advancements in sustainable fishing practices affecting production costs and yields.