In the UK, the forecast for fresh flatfish production in capture fisheries indicates a significant decline in value over the next five years. The value per metric ton is set to decrease from €470.96 in 2024 to €84.78 by 2028. In comparison to 2023, where values stood higher, the reported figures for 2024 onward show a declining trend. The year-on-year percentage variations suggest a steep annual decline, with a CAGR reflecting this downward trajectory in the flatfish market.
Future trends to watch for:
- Impact of environmental changes on flatfish populations.
- Potential regulatory shifts affecting capture fisheries.
- Market adjustments to decreasing supply and value fluctuations.