In 2023, the total production value of Blackbelly Rosefish in the UK capture fisheries was at 2.42 thousand euros per metric ton. From 2024 onwards, forecasts indicate a steady increase, with the value projected to reach 2.7 thousand euros by 2028. The year-on-year growth rates from 2024 to 2028 highlight a consistent upward trend:
- 2024-2025: 2.42%
- 2025-2026: 1.97%
- 2026-2027: 2.32%
- 2027-2028: 1.89%
The compound annual growth rate (CAGR) over this five-year period stands at approximately 2.14%, reflecting moderate growth.
Future trends to watch for in the Blackbelly Rosefish sector include potential policy changes affecting fisheries, shifts in consumer demand, and environmental impacts on fish populations. Keeping an eye on these factors will be crucial for strategic planning in the industry.
