In 2023, the production of gutted fresh flounders, halibuts, and soles for human consumption in the UK capture fisheries stood at an undisclosed baseline. The forecast for 2024 through 2028 shows a gradual increase in value, with 2024 starting at 7.38 Thousand Euros per Metric Ton and rising to 7.95 by 2028. This reflects steady growth over the period.
Year-on-year variation indicates an increase of about 1.9% from 2024 to 2025, followed by a similar increase pattern in subsequent years. Additionally, the compound annual growth rate (CAGR) between 2024 and 2028 stands at roughly 1.9%, suggesting consistent growth.
Future trends to watch for include:
- The impact of climate change on fish populations and catch sizes.
- Potential regulatory changes in fishery practices within the UK.
- Market demand fluctuations influenced by global economic conditions.
- Technological advancements in fishing techniques and supply chain enhancements.
