In 2023, the production of whole fresh black scabbardfish in the UK's capture fisheries stood at €3.23 thousand. Starting in 2024, the forecasted figures indicate a consistent annual increase, reaching €4.11 thousand by 2028. The yearly growth percent from 2024 through 2028 highlights a steady increase averaging around 5% annually. The compound annual growth rate (CAGR) over this five-year period is calculated to be approximately 5.20%, reflecting a robust upward trend.
Future trends to watch for include potential impacts of environmental policies on fishery sustainability, market demand fluctuations driven by consumer preferences, and economic and regulatory changes in the UK and EU affecting trade and capture fisheries operations.
