Forecast: Whole Frozen Red Gurnard Production in Capture Fisheries for Human Consumption in the UK

In 2023, the production value of whole frozen red gurnard in the UK stood at a baseline figure, used here to understand future trends as all data from 2024 are forecasted. The forecast from 2024 to 2028 indicates a gradual decline in value, decreasing from 1.89 thousand Euros per metric ton in 2024 to 1.83 thousand Euros by 2028. Year-on-year variations are minor, reflecting a slight downward trend. The compound annual growth rate (CAGR) over this period indicates a consistent, albeit slight, decrease in value, averaging a decline per year.

Future trends to monitor include:

  • Potential impact of changing fishing regulations and environmental policies on capture fisheries.
  • Shifts in consumer demand for red gurnard and other seafood.
  • Variations in international trade conditions and currency fluctuations affecting export potential.

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