The forecast for filleted fresh ling fish production in the UK from 2024 to 2028 shows a steady decline in value. In 2023, the production value stood at approximately higher levels compared to subsequent forecasts. From 2024 to 2028, the year-on-year production value decreases consistently, indicating a downward trend. Key figures are: 8.5% decrease in 2025, 8.9% in 2026, 9.6% in 2027, and an 11% drop in 2028, yielding an average CAGR of approximately -9.55% over the five-year period. This suggests a consistent decline in production efficiency or market value.
Future trends to watch for:
- Impact of sustainable fishing regulations on production levels.
- Market demand shifts due to changing consumer preferences.
- Technological advancements in fishing and processing methods.
- Economic factors affecting the marine resources sector.
