The production value of gutted fresh flounders, halibuts, and soles for human consumption in the UK capture fisheries stood at approximately 55.5 million Euros in 2023. The forecasted data from 2024 to 2028 shows a steady upward trend, with a slight year-on-year increase averaging around 0.94%. This suggests a consistent demand and a stable market, resulting in an anticipated CAGR of approximately 1.32% over the five-year period from 2024 to 2028.
Future trends to watch for include:
- Potential impacts of climate change on fish stocks, which could affect supply levels.
- Regulatory changes in fishing quotas and sustainability practices that may influence production volume.
- Market shifts affecting consumer demand for alternative proteins or sustainable seafood options.
