In 2023, the value of frozen, gutted, and headed finfish production in UK capture fisheries was at 2.65 thousand euros per metric ton. Forecasted data indicates a steady year-on-year increase, with values rising by approximately 4% in 2024 and continuing at a similar rate to reach 3.22 thousand euros per metric ton by 2028. Over the forecast period, the compound annual growth rate (CAGR) is approximately 4.16%.
Future trends to watch for include:
- Possible impacts of climate change on fish populations and capture yields.
- Changes in consumer demand for frozen fish products due to health trends and environmental awareness.
- Potential effects of post-Brexit trade deals on export prices and market access.
