Based on the provided data: {"year": "2024", "value": "920.61"}, {"year": "2025", "value": "911.49"}, {"year": "2026", "value": "902.56"}, {"year": "2027", "value": "893.8"}, {"year": "2028", "value": "885.22"}, the year-on-year variations are as follows:
- 2025: -0.99%
- 2026: -0.98%
- 2027: -0.97%
- 2028: -0.96%
The Compound Annual Growth Rate (CAGR) over the last 5 years is approximately -0.96%.
Future Trends to Watch
The forecast indicates a continuous, albeit slight, decline in the value of whole fresh European plaice production in capture fisheries across the UK. Factors such as changes in demand, environmental regulations, and sustainability efforts will play crucial roles in shaping future trends. Monitoring economic policy shifts and advancements in sustainable fishing practices will be essential.