The forecast for the production of fresh cods, hakes, and haddocks in UK capture fisheries shows a gradual increase from 2024 to 2028, with values rising from 2.1 to 2.22 thousand euros per metric ton. This reflects a steady annual growth rate around a compound annual growth rate (CAGR) of approximately 0.95% over the five-year period. Notably, in 2023, the value was slightly lower than 2.1, indicating an improving trend in production value into the forecasted years.
Future trends to watch include the impact of regulatory changes on fishing quotas, shifts in consumer preferences towards sustainable seafood, and potential fluctuations in the market due to environmental factors affecting fish stocks.
