The Processed Fish (Except Prepared Dishes) Market in the UK has exhibited variations in value over the years. Beginning in 2012, the market showed a consistent growth pattern until 2015. However, a significant dip occurred in 2016, followed by a period of marginal growth and stabilization from 2017 to 2022. Notably, the values hovered around the mid-900 million euros mark in recent years, with slight year-on-year increments.
Key trends and variations over the last two years:
- 2021: Market value increased by approximately 0.094% year-on-year, with a CAGR of 0.32%
- 2022: Market value increased by approximately 0.092% year-on-year, with a CAGR of -0.041%
Long-term trends indicate fluctuations, yet with an overall stabilization pattern. Between 2012 and 2022, values peaked in 2014 and exhibited the most significant decline in 2016 before stabilizing. The Compound Annual Growth Rate (CAGR) over the last five years highlights marginal variations signifying a relatively steady market post-2016.
Future trends to watch for include potential impacts from sustainability pressures, changes in consumer preferences towards healthier options, and economic factors influencing consumer spending. Innovations in processing technologies and policies promoting fishery sustainability may also play crucial roles in shaping the market dynamics.
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 3,680,000,000 | 2023 | +1.71% | +1.29% | View data |
| 2 | 2 Germany | 1,841,800,000 | 2023 | +0.29% | -0.21% | View data |
| 3 | 3 Italy | 1,773,300,000 | 2023 | +2.25% | +2.23% | View data |
| 4 | 4 United Kingdom | 950,290,000 | 2023 | +0.091% | +0.32% | |
| 5 | 5 Portugal | 549,160,000 | 2023 | +3.07% | +3.83% | View data |
| 6 | 6 Greece | 39,442,000 | 2023 | +0.86% | +0.4% | View data |
