In 2024, the production of headed gutted fresh Atlantic cod in the UK is forecasted at 5.31 metric tons, showing a steady increase over the next five years, reaching 5.98 metric tons in 2028. Compared to 2023, where the production value stood at 5.14 metric tons, there is an upward trend. Year-on-year, the forecasted variations from 2024 to 2028 show a consistent increase, averaging a Compound Annual Growth Rate (CAGR) of around 3%.
Future trends to watch for:
- Environmental regulations impacting capture fisheries.
- Market demand fluctuations due to consumer preferences.
- Technological advancements in fishing techniques.
