The forecast for the import of cured or smoked fish to the UK indicates a consistent upward trend from 2024 to 2028. In 2023, the imports stood at a slightly lower value compared to the 2024 projection, indicating a continuous growth momentum. The year-on-year growth from 2024 to 2028 suggests a steady increase in demand, with the CAGR over these five years reflecting a moderate expansion tendency.
For future trends, it is essential to monitor:
- Changes in consumer preferences towards healthier diets, influencing seafood consumption.
- Global trade dynamics, including UK trade agreements post-Brexit, impacting import volumes and costs.
- Sustainability and regulatory policies affecting the fishing industry.