The UK’s imports of fresh or chilled plaice are set to increase over the next five years, with forecast values rising from $5.176 million in 2024 to $5.9897 million by 2028. This steady increase suggests a positive trend in demand for plaice imports, reflecting a compound annual growth rate (CAGR) of approximately 3.7% from the forecasted data. As of 2023, actual import levels provide a baseline for further growth analysis.
Future trends to watch for:
- Fluctuations in global market conditions that may impact supply chains.
- Changes in consumer preferences towards seafood in the UK.
- Regulatory adjustments affecting fisheries and international trade policies.