The UK’s forecasted production value of whole fresh garfish exhibited incremental growth over the five-year forecast period from 2024 to 2028, starting at 2.24 thousand euros per metric ton in 2024 and increasing gradually each year until reaching 2.54 thousand euros per metric ton in 2028. Compared to the data from previous years (up to 2023), the annual growth rate reveals a stable increase in value, contributing to a compound annual growth rate (CAGR) over the forecast period.
Future trends to watch for include:
- Shifts in consumer demand towards sustainable fisheries, which could impact production practices.
- Regulatory changes concerning capture fisheries and their economic implications.
- Fluctuations in international markets affecting raw material costs and pricing.
