The UK’s forecasted fresh European flounder production in capture fisheries for human consumption is set to decline over the period from 2024 to 2028, with values decreasing from 35.2 thousand euros in 2024 to 29.9 thousand euros by 2028. This reflects a consistent year-on-year decline: approximately 3.9% from 2024 to 2025, 4.0% from 2025 to 2026, 4.0% from 2026 to 2027, and 4.1% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period indicates a steady average decrease of about 3.9% per year. In 2023, the value was slightly above the 2024 level, indicating the beginning of a downward trend in the projection period.
Future trends to watch for include:
- Potential impact of climate change on habitat and fish population dynamics.
- Regulatory changes influencing capture fisheries and sustainable practices.
- Market demands influencing fishing strategies and target species.
- Technological advancements in fishing techniques and monitoring systems.
