The UK’s Frozen Red Gurnard production in capture fisheries for human consumption forecasts a gradual decline in value from 2024 to 2028. Starting at 1.86 thousand Euros per metric ton in 2024, the value decreases steadily to 1.76 thousand Euros per metric ton by 2028. This represents an average annual decrease of approximately 1.37%, indicating a consistent downward trend.
Future trends to watch:
- Factors affecting fish stock sustainability and regulatory impacts, which could influence production levels and market values.
- Changes in consumer preferences and demand for seafood alternatives that might affect market prices.
- Economic conditions influencing currency fluctuations that may impact export values and competitively affect pricing.