The total sole fish production in UK capture fisheries is set to increase steadily from 2024 to 2028. The value per metric ton is projected to rise from 14.39 thousand Euros in 2024 to 15.43 thousand Euros in 2028. This represents an overall upward trend with a compound annual growth rate (CAGR) of approximately 1.7% over the forecast period. The year-on-year growth rate fluctuates slightly, showing consistent growth in this period.
Future trends to watch for include:
- Potential impact of environmental factors and sustainable fishing practices on production values.
- Changes in trade policies or agreements post-Brexit affecting market dynamics.
- Technological advancements in fishing and processing that could enhance efficiency.