The forecast for the production of whole fresh herrings, sardines, and anchovies in UK capture fisheries from 2024 to 2028 shows a gradual increase. In 2023, the production value was recorded below the projected 2024 figure, indicative of a year-on-year increase from 2023 to 2024. Over the next five years, the sector is expected to experience a consistent upward trend, with a cumulative average growth rate (CAGR) signaling steady growth.
- The increase in production value from 2024 to 2025 is expected to be approximately 1.64%.
- From 2025 to 2026, a projected increase of roughly 1.58% is seen.
- The anticipated growth from 2026 to 2027 is around 1.53%.
- For 2027 to 2028, production is expected to rise by approximately 1.47%.
Future trends to watch include the impact of environmental policies on fish stock levels and the sustainability of capture fisheries. Additionally, technological advancements in fishing equipment could further optimize production efficiency.
