In 2023, the import value of fish fillets and other fish meat in the UK stood at approximately 1.117 billion USD. From 2024 to 2028, forecasts indicate a gradual increase with the value climbing from 1.1264 to 1.161 billion USD. This reflects consistent year-on-year growth, with a Compound Annual Growth Rate (CAGR) of roughly 0.77% over the five-year forecast period.
Trends to watch for in the future include:
- Potential impacts of trade agreements or tariffs on fish imports influencing prices and volumes.
- Increasing consumer demand for sustainably sourced fish, which may affect supply channels.
- Economic factors such as currency fluctuations and inflation that could affect import costs.