The UK's whole fresh common squid production in capture fisheries shows a clear upward trend from 2024 to 2028. Beginning with a value of 17.274 million Euros in 2024, there is an anticipated increase to 19.465 million Euros by 2028. From 2023, which serves as a recent benchmark, the forecast reveals steady growth, with an increment of 3.3% in 2025, 3.1% in 2026, 3.0% in 2027, and 2.8% in 2028. The compound annual growth rate (CAGR) predicted over these five years is around 3.0%, demonstrating a robust growth in production value.
Future trends to watch for include potential impacts of climate change on squid habitats, shifts in consumer demand due to health-conscious eating patterns favoring seafood, and regulatory changes in UK fisheries policies that may affect catch quotas or sustainability practices. Monitoring these factors is essential for forecasting beyond 2028.
