The forecasted production value of gutted fresh European conger in the UK capture fisheries market for human consumption shows a consistent declining trend from 2024 to 2028. In 2023, the actual production value was higher than in 2024, marking the start of a downward trend. Year-on-year decreases are evident with -9.75% in 2025, -10.59% in 2026, -11.58% in 2027, and -12.89% in 2028. The compound annual growth rate (CAGR) across these years suggests an average annual decline of approximately 10.53%.
Future trends to watch for include:
- Changes in fishing regulations that might impact conger eel harvesting.
- Shifts in consumer demand that could influence production volumes.
- Impact of environmental factors on conger eel populations in UK waters.
- Technological advancements in fisheries that might alter cost structures.
