The forecasted production of whole fresh sandeels and sandlances in the UK's capture fisheries from 2024 to 2028 shows a steady upward trend, beginning at 902.59 thousand euros in 2024 and reaching 1077.8 thousand euros by 2028. This indicates consistent year-on-year growth with values progressively increasing:
- 2024-2025: 5.01% increase
- 2025-2026: 4.66% increase
- 2026-2027: 4.36% increase
- 2027-2028: 4.10% increase
These increments suggest a five-year compound annual growth rate (CAGR) of about 4.50%, showcasing favorable prospects for this fishery sector.
Future trends to watch include possible ecological impacts on fish populations, regulatory changes affecting capture volumes, and fluctuations in market demand driven by the food industry. Monitoring these factors will be crucial for adjusting production strategies accordingly.
