The projected import values of frozen whole Pacific salmon to the UK displays a clear declining trend from 2024 to 2028, with a year-on-year decrease forecasted. In 2023, exact data on imports are not provided, but the forecasted decline begins from 2024 with a value of $2.5584 million. By 2025, the value drops by approximately 11.8%, and this downward trajectory continues, showing a compound annual growth rate (CAGR) declining by roughly 13.1% annually over the five-year period.
Future trends to monitor include:
- Potential shifts in consumer preferences toward alternative fish species or fresh options.
- Impact of environmental regulations and sustainability practices on Pacific salmon supply.
- Exchange rate fluctuations affecting import costs and demand in the UK market.