Forecast: Fresh European Hake Production in Capture Fisheries for Human Consumption in the UK

In 2023, fresh European hake production in UK capture fisheries stood at 5.35 thousand metric tons. Forecasted figures suggest a steady increase in production from 2024 to 2028, with a cumulative average growth rate (CAGR) of approximately 4.2% per year. Year-on-year variations show growth rates of 4.5% in 2025, 4.1% in 2026, 3.9% in 2027, and 3.6% in 2028, signaling consistent expansion but with a slightly decreasing growth rate.

Future trends to watch for include:

  • Potential impacts from regulatory changes in fisheries management and sustainability efforts.
  • Effects of climate change on hake habitats and populations, potentially leading to volume variability.
  • Market demand fluctuations driven by consumer preferences and economic conditions.

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