The forecast for gutted fresh Atlantic cod production in the UK's capture fisheries shows a gradual increase from 20.05 thousand metric tons in 2024 to 22.05 thousand metric tons in 2028. This represents an average year-on-year growth of approximately 2.4%. The production remains unchanged from 2023, where it also stood at 20.05 thousand metric tons, indicating no growth in the past year. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be around 2.41%, signaling steady expansion.
Future trends to watch include:
- Potential impacts of climate change on fish populations and habitats, affecting supply.
- Regulatory changes, including post-Brexit fisheries agreements, influencing quotas and fishing rights.
- Technological advancements in sustainable fishing practices, possibly enhancing production efficiency.