In 2023, the production value of gutted fresh greater weever in the UK capture fisheries stood at 3.9 thousand euros per metric ton. From 2024 to 2028, forecast data indicates a consistent year-on-year increase, with values rising from 3.9 to 4.54 thousand euros per metric ton. This depicts a steady positive trend in production value, with the Compound Annual Growth Rate (CAGR) projected at approximately 3.1% over the five-year period. The year-on-year percentage increase is consistently around 4%.
Future trends to watch for:
- Potential effects of regulatory changes on fishing practices and market dynamics.
- Impact of environmental factors and climate change on weever populations and catch volumes.
- Technological advancements in fisheries potentially enhancing production efficiency.
- Shifting consumer preferences towards sustainable seafood impacting demand and pricing.