In 2023, the production of gutted fresh European plaice in the UK capture fisheries for human consumption stood at 2.20 thousand metric tons. Forecasted data from 2024 to 2028 show a consistent decline in production. The year-on-year decreases are as follows: from 2024 to 2025 by 4.27%, from 2025 to 2026 by 4.46%, from 2026 to 2027 by 4.66%, and from 2027 to 2028 by 4.35%. The compound annual growth rate over these years indicates an average decline of approximately 4.31% annually.
Future trends to watch for include:
- Environmental regulations influencing fishing practices and possibly further constraining production.
- Market demand shifts towards alternative seafood impacting plaice production and consumption.
- Technological advancements in fishing gear potentially improving efficiency and yield.
- Brexit-related trade dynamics affecting UK-export opportunities and pricing strategies.