The production value of whole fresh megrims for human consumption in the UK capture fisheries is expected to decrease annually from 2.49 thousand euros per metric ton in 2024, to 1.95 thousand euros per metric ton by 2028. This reflects a consistent year-on-year decline of approximately 5.6% on average, with a compound annual growth rate (CAGR) of roughly -5.6% over five years.
Future trends to watch for:
- The potential impact of environmental policies on fishing practices.
- Changes in consumer demand for sustainable seafood options.
- Global economic factors affecting fishing costs and market competition.
- Technological innovations in fishery management and production efficiency.