The forecast for UK frozen finfish production in capture fisheries shows a steady increase from 2024 to 2028, with values rising from €2.39 thousand per metric ton in 2024 to €2.73 thousand in 2028. This represents a gradual year-on-year growth, with percentage increases relatively consistent through the forecast period. In 2023, the value was slightly lower, indicating an upward trend starting this year.
Key future trends to watch include:
- Potential impacts of climate change and regulatory shifts on fish stock and industry operations.
- Technological advancements in fishing methods which could influence production costs and efficiency.
- Changing consumer preferences towards sustainable seafood could affect market dynamics and pricing.