As of 2023, the value of whole fresh garfish production in the UK stands at 2.16 thousand euros per metric ton. Forecasted data from 2024 to 2028 indicates a consistent year-on-year increase in value. Projected values for these years are as follows: 2.23, 2.31, 2.39, 2.46, and 2.53 thousand euros per metric ton. This represents annual growth rates ranging between approximately 3.6% to 3.8% per annum. The compound annual growth rate (CAGR) over the forecast period is approximately 3.72%.
Future trends to watch for include:
- Impact of climate change on garfish habitats and population.
- Changes in fishing regulations and sustainability practices.
- Consumer demand shifts and seafood market dynamics.
- Technological advancements in fishing and processing.
