The forecast for fresh garfish production in the UK's capture fisheries shows a gradual increase over the next five years. Starting at 974.8 Euros in 2024, production is expected to rise by approximately 1.2% and 1.1% to reach 1010 Euros in 2027 and further to 1020 Euros in 2028. The compound annual growth rate (CAGR) over the forecast period is approximately 1.1%. In comparison to 2023 levels, this indicates a steady growth trajectory for this industry segment.
Future trends to watch for include:
- Potential impacts of environmental policies on capture fisheries.
- Shifts in consumer preferences and demand for sustainable seafood.
- Technological advances that could increase efficiency and reduce costs.