The forecast for the UK whole fresh cods, hakes, and haddocks production in capture fisheries shows a gradual decline from 2024 to 2028, with values decreasing from 676.66 Euros per metric ton in 2024 to 661.71 Euros per metric ton in 2028. The year-on-year percentage variations indicate a consistent downward trend, with a compound annual growth rate (CAGR) reflecting a negative trend over this five-year period. In 2023, the price stood at higher levels, indicating a continuous decline expected in the upcoming years.
Future trends to watch include:
- Potential regulatory changes affecting fishing quotas and sustainability measures.
- Market demand fluctuations due to consumer preferences or economic conditions.
- Environmental factors impacting fish stock availability and health.