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

The forecast for frozen cods, hakes, and haddocks production in the UK for human consumption shows a declining trend from 2024 to 2028. In 2023, actual production stood at 526 metric tons. Year-on-year decreases highlight a reduction in production by approximately 8-10% annually from 2025 onwards. Over this five-year forecast period, the compounded annual growth rate (CAGR) indicates an average annual decrease of about 9%.

Trends to watch include:

  • Potential impacts of regulatory changes on fishing quotas and environmental restrictions.
  • Shifts in consumer preferences towards alternative seafood sources or sustainable products.
  • Economic factors influencing the fishing industry, such as fuel costs and labor availability.

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