In 2023, the production of fresh Greater Weever in the UK's capture fisheries stood at a notable level, however, projections indicate a consistent decline in the coming years.
From 2024 to 2028, production is expected to contract annually, reflecting a negative trend in volume, shrinking at significant percentages year-on-year. The compound annual growth rate (CAGR) over the five years shows a pronounced decrease, emphasizing the declining trajectory in Greater Weever production.
Future trends to watch:
- Potential regulatory changes in fishing quotas and environmental policies affecting capture fisheries.
- Shifts in market demand and associated pressures on wild stocks.
- Technological advancements in sustainable fishing or alternatives impacting the industry.