The forecast for gutted fresh European conger production in capture fisheries in the UK indicates a declining trend from 2024 to 2028. The average annual decrease, known as the compound annual growth rate (CAGR), is expected to be about 4% over this period. As of 2023, no specific data is provided for comparison purposes. However, the trend signifies a gradual reduction in production value expressed in euros per metric ton over the upcoming years.
Future trends to watch for include:
- Impact of regulatory changes on fishing quotas, which could further affect production levels.
- Technological advancements in sustainable fishing practices that might alter cost structures and production efficiency.
- Environmental factors such as climate change impacting marine ecosystems, possibly leading to fluctuations in conger populations.