The Blackbelly Rosefish production in the UK’s capture fisheries is forecasted to continue its upward trend from 2024 onwards. In 2023, the production stood at 12.89 metric tons. The projected year-on-year increase for the upcoming years averages 4.9%, showcasing steady growth from 13.54 metric tons in 2024 to 16.32 metric tons by 2028. Over the five-year forecast period, this results in a Compound Annual Growth Rate (CAGR) of approximately 5.07%.
Future trends to watch for include:
- Potential changes in sustainability regulations impacting fisheries practices.
- Market demand shifts due to consumer preferences for sustainable seafood.
- Climate change effects on fish stock availability and distribution.
- Technological advancements in fishing methods and monitoring capacities.
