The production of fresh wrasses and hogfishes in capture fisheries in the UK is forecasted to decrease steadily from 2024 to 2028. In 2023, the production stood at a higher level than the projected figure for 2024 at 17.58 metric tons. The projected year-on-year decrease is consistent, averaging about a 3.9% decline each year. Over five years, this reflects a compound annual growth rate indicating consistent downward trends in production.
Future trends to watch for include:
- Environmental impacts on fish populations, potentially affecting capture quantities further.
- Changes in regulatory policies aimed at sustainable fishing practices that may alter production levels.
- Market demand shifts impacting fishing priorities and catch strategies.