Forecast: Gutted Fresh Mullets Production in Capture Fisheries in the UK

The forecast for UK gutted fresh mullets production in capture fisheries from 2024 to 2028 shows a consistent annual increase, starting at 2.89 thousand euros per metric ton in 2024 and rising to 2.97 thousand euros by 2028. This steady upward trend suggests an average year-on-year growth of approximately 0.69%. Comparing 2024 to the base year of 2023, where actual production stood slightly lower, indicates confidence in market improvement. The compound annual growth rate (CAGR) over this period would be marginally positive, reflecting moderate yet consistent value growth in this sector.

Future trends to watch for include:

  • Impact of changing fishery regulations and sustainability practices on production costs and volume.
  • Influence of climate change on fish populations, potentially affecting supply and pricing.
  • Market demand shifts driven by evolving consumer preferences and dietary trends.

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