The forecast for gutted fresh seafood production in the UK shows a steady increase from 2024 to 2028, with values rising from 371.89 million euros in 2024 to 402.16 million euros in 2028. The production value for 2023 stood at approximately 364 million euros. This reflects a projected year-on-year growth rate moving from 2.1% to 1.9%, with a cumulative average growth rate (CAGR) of around 1.9% over the forecasted five-year period. These figures suggest a moderate but consistent increase in output.
Future trends to watch for:
- Impact of regulatory changes post-Brexit on capture fisheries and trade.
- Technological advancements in sustainable fishing practices.
- Changes in consumer demand for fresh seafood influenced by health trends.
- Potential effects of climate change on fish stock availability.
