In 2023, the import of frozen whole sardines, brisling, and sprats to the UK stood at a certain benchmark, with all subsequent data being forecasted. Over the forecast period from 2024 to 2028, there is a consistent year-on-year decline in import volumes by approximately 3.3% on average annually, as derived from the compound annual growth rate (CAGR). This indicates a gradual reduction in demand or changes in supply constraints.
Future trends to watch for:
- Potential shifts in dietary preferences or policies promoting alternative fish sources.
- Trade policy changes post-Brexit that might impact import dynamics.
- Climate change effects on the availability and price of sardines, brisling, and sprats.