The forecast for whole fresh mullets production in capture fisheries in the UK indicates a gradual decline from 2024 to 2028, with values slightly decreasing from 2.84 to 2.79 thousand euros per metric ton. Based on the data provided, there is a consistent annual reduction of approximately 0.35% to 0.40%. In 2023, actual values stood at 2.84 thousand euros per metric ton. The 5-year compound annual growth rate (CAGR) reflects a decrease in production value, suggesting a trend towards lower prices for this period.
Future trends to monitor include the influence of regulatory changes on fishing practices, potential shifts in consumer demand impacting pricing, and climate-related impacts on fish availability. These factors could alter market dynamics, affecting both volume and value in the industry.
