In 2023, the production of gutted frozen turbot in the UK capture fisheries for human consumption was approximately 2.3 metric tons. The forecasted data indicates a steady growth trend from 2024 to 2028, starting at 2.44 metric tons in 2024 and rising to 3.06 metric tons in 2028.
Year-on-year growth rates are as follows:
- 2024-2025: 6.6% increase
- 2025-2026: 5.8% increase
- 2026-2027: 5.8% increase
- 2027-2028: 5.2% increase
The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is approximately 6%. This suggests a consistent upward trend in production.
Future trends to watch for include changes in environmental regulations affecting capture fisheries, technological advancements in fishing practices, and shifts in consumer demand for sustainable seafood options. Additionally, external economic factors such as trade policies and currency fluctuations may impact the seafood market.
