In 2023, the gutted frozen brill production for human consumption in the UK capture fisheries was 900.2 Euros. The forecasted data from 2024 to 2028 shows a steady increase in production value, rising from 915.5 Euros in 2024 to 974.48 Euros by 2028. The year-on-year growth rates reflect a gradual upward trend with annual increases approximately ranging between 1.6% to 1.8%. The compound annual growth rate (CAGR) over this period is projected to be around 1.64%, indicating modest but consistent growth.
Future trends to watch include:
- Impact of environmental policies on capture fisheries output.
- Potential shifts in consumer preferences toward sustainably sourced seafood.
- Effects of any changes in EU-UK trade agreements on seafood exports.
- Innovation in fishing technology and supply chain management that may affect production efficiency.
