The UK production of whole fresh cuttlefish and bobtail squids is forecasted to demonstrate a steady increase from 2024 to 2028, rising from 19.482 Million Euros in 2024 to 21.398 Million Euros in 2028. This represents a compound annual growth rate (CAGR) over the forecasted period. Unfortunately, the 2023 value is unspecified in the data, limiting comparisons to previous years.
The expected year-on-year growth rates begin at approximately 2.54% for 2025, followed by about 2.42% in 2026, 2.32% in 2027, and 2.21% in 2028, indicating a slightly decelerating growth rate over time.
Future trends to watch for include shifts in consumer preferences for seafood, sustainability concerns impacting fishing regulations, and the potential effects of climate change on marine ecosystems, which might alter supply and profitability.
