The forecast for whole fresh smooth-hound production in UK capture fisheries shows a steady growth from 2024 to 2028. The value stood at an estimated 182.56 thousand euros in 2024, marking the beginning of this forecast period. This period foresees consistent year-on-year growth, with values reaching 199.52 thousand euros by 2028. The annual growth rate ranges between 2.38% and 2.61%, leading to a compound annual growth rate (CAGR) over the five-year period.
Future trends to watch for include:
- Potential impacts of regulatory changes in UK fisheries management.
- Environmental considerations and their effects on fish populations.
- Market demands both domestically and within the EU.