The forecasted data indicates a steady increase in the production value of fresh jack and horse mackerels for human consumption in the UK. Starting from 913.77 Euros per metric ton in 2024, values are projected to rise to 999.77 Euros per metric ton by 2028. This trend reflects a consistent annual growth rate. As a reference, the value in 2023 was lower than 2024, although the exact figure was not provided. The year-on-year percentage variation shows a consistent upward trend over the forecasted years, with a noticeable cumulative average growth rate (CAGR) over the five-year forecast period.
Future trends to watch for include:
- Potential impacts of climate change on fish stocks and catch yields.
- Regulatory changes affecting the fishing industry in the UK.
- Shifts in consumer demand towards sustainable seafood products.
- Technological advancements in fishing and aquaculture practices that may influence production efficiency.