Forecast: Fresh European Anchovy Production in Capture Fisheries in the UK

The forecast for fresh European anchovy production in the UK from 2024 to 2028 shows a consistent upward trend in volume. In 2023, production stood at a lower level prior to the forecasts starting at 432.77 metric tons in 2024. Year-on-year variations indicate a steady growth rate: 3.22% from 2024 to 2025, 3.06% from 2025 to 2026, 2.91% from 2026 to 2027, and 2.77% from 2027 to 2028. The compounded annual growth rate (CAGR) over these five years is 2.99%, illustrating steady expansion.

Future trends to watch for include:

  • Impact of climate change on anchovy habitats and migration patterns.
  • Potential regulatory changes affecting capture fisheries.
  • Market demand fluctuations driven by consumer preferences and economic conditions.

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