The forecast for fresh groundfish production in the UK shows a significant decline from 2024 to 2028. The value per metric ton starts at 716.21 Euros in 2024 and drops to 142.07 Euros by 2028. Compared to the 2023 level, each subsequent year exhibits a notable year-on-year decrease. The compound annual growth rate (CAGR) over the five-year forecast period suggests a continuous downward trajectory.
Future trends to watch for include:
- Fluctuations in fisheries regulations and quotas impacting supply.
- Changes in consumer preferences for sustainable and locally sourced seafood.
- Potential impacts of climate change on fish stocks and yields.
