In 2023, the production of whole frozen finfish in capture fisheries in the UK stood at a noteworthy level. From 2024 to 2028, the forecast indicates a gradual increase in production cost, expressed in Euros per metric ton, progressing from 821.85 in 2024 to 885.49 in 2028. This represents a steady year-on-year percentage variation, reflecting a generally optimistic growth trajectory within the industry.
Key future trends to watch for include:
- Potential impact of sustainable fishing policies on production volume and cost
- Advancements in freezing technologies that may affect processing efficiency
- Global market demand shifts influenced by consumer preferences towards fresh versus frozen seafood