In 2023, the total production of sandeels and sandlances for human consumption in the UK stood at 11.32 thousand euros. Forecasts for 2024 to 2028 indicate a significant declining trend, with values dropping each year from 9.91 thousand euros in 2024 to 4.49 thousand euros by 2028. The year-on-year variations reveal a consistent decrease, reflecting a compounded annual growth rate (CAGR) of approximately -15.4% over this period.
Future trends to watch include:
- Impact of environmental regulations on sandeel habitats and fisheries.
- Shifts in consumer preferences towards sustainable seafood options.
- Potential market opportunities in aquaculture as capture fisheries decline.
