In 2023, the total whiting fish production in capture fisheries in the UK stood at a value of approximately 1.62 thousand euros per metric ton. Forecasted data from 2024 to 2028 show a modest but steady increase, with values moving from 1.65 up to 1.75 thousand euros per metric ton. The year-on-year growth rates from 2024 to 2028 exhibit stability, averaging an increase of about 0.5% annually. The Compound Annual Growth Rate (CAGR) over this five-year period is approximately 1.2%.
Future trends to watch for include potential impacts of regulatory changes in fishing quotas, climate change effects on fish populations, and technological advancements in fishing practices, which could all influence the production and the economic value of the whiting fish industry.
