In 2023, the value for fresh Saithe Pollock production in the UK stood at 1.38 thousand Euros per metric ton. The forecast from 2024 to 2028 indicates modest year-on-year growth in value. From 2024 to 2025, the value increases by approximately 0.72%. The steady trend continues, reaching 1.41 thousand Euros per metric ton by 2028. Over five years, the compound annual growth rate (CAGR) is expected to average around 0.53%.
Future trends to watch for include:
- Potential impacts of Brexit on export and import dynamics.
- Regulatory changes affecting fishing quotas and sustainability practices.
- Shifts in consumer preference toward sustainable seafood options.
- Technological advancements in fishing that might enhance efficiency or quality.