The production of gutted fresh cods, hakes, and haddocks in UK capture fisheries is forecasted to show a steady increase from 2024 through 2028. In 2024, the anticipated production is 95.53 thousand metric tons, which is expected to rise to 100.77 thousand metric tons by 2028. Compared to 2023, there is a projected year-on-year growth of approximately 1.41% from 2024 to 2025, and about 1.36% from 2025 to 2026. Over the five-year forecast period, the compound annual growth rate (CAGR) is estimated to be around 1.4%.
Future trends to watch for include:
- Potential impacts from Brexit-related regulations on fishing quotas and trade.
- Environmental factors affecting fish stocks such as climate change and overfishing.
- Technological advancements in fishing equipment that could improve catch rates.
- Changes in consumer demand for sustainable seafood products.
