As of 2023, the UK's frozen, gutted, and headed finfish production in capture fisheries stood at 18.76 metric tons. Forecasted data from 2024 onwards show a consistent decline: 17.92 metric tons in 2024, with subsequent declines to 15.66 metric tons in 2027 and 14.94 metric tons in 2028. Year-on-year analysis reveals a gradual decrease: -4.3% from 2024 to 2025, followed by -4.4% from 2025 to 2026. Over the five-year period ending 2028, the compound annual growth rate (CAGR) is -4.5%, indicating a downward trend in production.
Future trends to watch include:
- Impact of climate change on UK marine resources.
- Influence of fisheries management policies on production.
- Technological advancements and their effect on capturing and processing efficiency.
- Potential shifts in demand for frozen finfish products in global markets.