In 2023, the value for whole frozen squids, cuttlefishes, and octopuses production in capture fisheries for human consumption in the UK stood at 2.41 thousand euros per metric ton. The forecasts from 2024 to 2028 show a steady increase in value from 2.45 to 2.61 thousand euros per metric ton. The year-on-year percentage increase is consistently slight, with an annual growth rate averaging around 1.58% over this period. This increase reflects a stable demand and possibly improved value due to incremental efficiencies or higher market demand.
Future trends to watch include potential impacts from environmental regulations, shifts in consumer dietary preferences toward sustainable seafood options, and changes in international trade policies. Monitoring these factors will be essential for projecting long-term value adjustments in this sector.
