The forecasted gross tonnage of fishing vessels in the UK shows a gradual upward trend from 2024 to 2028, rising consistently from 201.0 to 204.0 thousand metric tons. In 2023, this metric was slightly lower at around 200.0 thousand metric tons. Year-on-year variations approximate a steady 0.5% increase over the forecast period, with a minor plateau in 2028. The Compound Annual Growth Rate (CAGR) over these five years remains modest.
Future trends to watch for include technological advancements influencing vessel design and tonnage, regulatory changes impacting fleet sizes, and market demands which could further alter the pace of growth. Environmental considerations and sustainable fishing practices may also play a crucial role in shaping the fleet composition in coming years.
