In 2023, the number of people employed in the UK's fishing sectors was 11.62 thousand. From the forecast data, we observe a slight but steady decline from 2024 to 2027, from 11.61 to 11.58 thousand, stabilizing at 11.58 thousand in 2028. This represents a minimal year-on-year decline of approximately 0.09% to 0.17%. Over the five-year span, the compound annual growth rate (CAGR) is roughly -0.07%, indicating a slow contraction in employment within this sector.
Looking into the future, key trends to monitor include technological advancements in fishing methods and policy changes impacting quotas and sustainability. Additionally, environmental factors and global trade agreements will shape employment in the UK fishing industry.
