Forecast: Fresh Cods, Hakes and Haddocks Production in Capture Fisheries for Human Consumption in the UK

The forecast for fresh cods, hakes, and haddocks production in the UK's capture fisheries for human consumption from 2024 to 2028 shows a steady increase in value, expressed in thousand euros per metric ton. In 2023, the value stood at 2.52. Over the forecasted period, the year-on-year growth rate ranges around 1.89% to 1.85%. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.89%. This reflects a positive trend in the market, characterized by increased value per metric ton.

Future trends to watch for include:

  • The impact of regulatory changes on capture fisheries.
  • Market demand influenced by consumer health trends favoring seafood.
  • Climate change and its effect on fish stock availability and capture rates.
  • Technological advancements in fishing practices improving efficiency and sustainability.

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