The sold production of frozen fish in the UK in 2023 stood at 75.3 million kilograms. Forecasted data for the following years indicate a declining trend: 73.031 million kilograms in 2024, 70.801 million kilograms in 2025, 68.615 million kilograms in 2026, 66.474 million kilograms in 2027, and 64.375 million kilograms in 2028. Year-on-year, the production is expected to decrease by approximately 3% in 2025, 3.1% in 2026, 3.1% in 2027, and 3.2% in 2028. Over the last two years (2023-2024), the variation is about -3%. The compound annual growth rate (CAGR) over the forecast period (2023-2028) is expected to be -3.1% per year.
Future trends to watch for include sustainability practices in fishing, shifts in consumer preferences towards fresh and alternative protein sources, along with the effects of Brexit on fishery policies and trade agreements. Monitoring these factors can provide deeper insights into the market's trajectory.
