The forecasted production value for headed gutted fresh Atlantic cod in the UK shows a declining trend from 2024 to 2028. Starting from 1.69 thousand euros per metric ton in 2024, the value is expected to decrease annually, reaching 1.58 thousand euros by 2028. This represents a year-on-year decrease of approximately 1.8% to 2% each year.
Future trends to watch for in the cod industry include:
- The impact of sustainability practices on cod numbers and production methods.
- Fluctuations in consumer demand for fresh fish across Europe.
- Potential regulatory changes affecting capture fisheries.
- Demand shifts influenced by economic conditions and consumer preferences.