In 2023, the production of cods, hakes, and haddocks in UK capture fisheries for human consumption was estimated at around 15.89 thousand metric tons. The forecast indicates a gradual decline in production from 14.78 thousand metric tons in 2024 to 10.44 thousand metric tons in 2028. Year-on-year, the production decreases by approximately 7.6% (2024 to 2025), 8% (2025 to 2026), 8.6% (2026 to 2027), and 9.1% (2027 to 2028). The Compound Annual Growth Rate (CAGR) over the five-year period (2024-2028) reflects an average annual decrease of 8.8% in production.
Future trends to watch include:
- Adapting to environmental policies impacting capture fisheries.
- Evaluating sustainable fishing practices to potentially stabilize or enhance production.
- Monitoring shifts in consumer demand and the impact of economic factors on fish consumption.