In 2023, the UK's whole fresh grey gurnard production from capture fisheries for human consumption stood at 33.10 thousand euros. The forecasted data from 2024 to 2028 show a steady growth trajectory, with an increase from 34.85 to 41.51 thousand euros. This suggests consistent year-on-year growth rates of approximately 4.9% for 2024 to 2025, 4.6% for 2025 to 2026, 4.3% for 2026 to 2027, and 4.1% for 2027 to 2028.
Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be around 4.4%. Such steady increment reflects a healthy outlook for the grey gurnard market.
Future trends to watch for:
- Impact of environmental regulations on fishing practices.
- Changes in consumer preferences towards sustainable seafood.
- Potential economic factors influencing marine biodiversity and fish stock levels.