Data Analysis:
- 2024: 77.66 Metric Tons
- 2025: 77.79 Metric Tons (0.17% YoY increase)
- 2026: 77.89 Metric Tons (0.13% YoY increase)
- 2027: 77.97 Metric Tons (0.10% YoY increase)
- 2028: 78.04 Metric Tons (0.09% YoY increase)
Last Two Years Variations:
From 2026 to 2028, the production showed a minimal increase of about 0.09% to 0.13% year-on-year.
Five-Year Compound Annual Growth Rate (CAGR):
The CAGR from 2024 to 2028 is approximately 0.12%. This demonstrates a steady but slow increase in fresh turbot production over the forecast period.
Future Trends to Watch:
Enhanced sustainability measures, changes in EU fishing regulations, and shifts in market demand might impact future production levels. Technological advances in fishery practices could potentially increase efficiency and output, though environmental factors such as climate change could pose challenges.
