The forecast for whole fresh sand sole production in capture fisheries for human consumption in the UK from 2024 to 2028 indicates a steady decline in value per metric ton. Starting at 2.24 thousand euros in 2024, the value is projected to decrease to 1.72 thousand euros by 2028. This represents a cumulative year-on-year decline with average annual decreases of around 5% from 2024 to 2028.
Trends over the last five years show a consistent downward trajectory in value, hinting at potential challenges in maintaining profitability or competitiveness within this sector. In 2023, the value stood higher, marking a downturn ahead.
Future trends to watch for include:
- Market responses in adjusting to declining values.
- Potential policy or regulation changes affecting fisheries.
- Environmental factors impacting fish stock and, consequently, market values.
- Technological advancements in sustainable fishing practices.
