As of 2023, the whole fresh Atlantic mackerel production in capture fisheries in the UK is valued at 108.27 million Euros. Forecasts indicate a gradual increase from 2024 to 2028, rising from 109.38 million Euros to 113.67 million Euros. The year-on-year growth rate is projected to be approximately 1% annually across this period. This consistent growth reflects a stable upward trend, with a compound annual growth rate (CAGR) of about 1.2% over the five-year horizon from 2024 to 2028.
Future trends to watch for include:
- Impact of environmental policies on fisheries and their potential effect on mackerel stock levels.
- Market demand changes driven by consumer preferences towards sustainable seafood.
- Economic factors such as inflation and currency fluctuations potentially affecting export competitiveness.