In 2023, the production of Jack and Horse Mackerels in UK capture fisheries for human consumption stood at a certain level. Forecasts suggest a consistent decline in production from 2024 to 2028, dropping from 1.31 thousand metric tons in 2024 to 0.80226 thousand metric tons in 2028. This represents a year-on-year decline, confirming a negative trend in production volume. The compound annual growth rate (CAGR) supports a downward trajectory over the five-year forecast period, indicating significant challenges in maintaining or increasing production levels.
Future trends to watch for include:
- Monitoring changes in fisheries management and conservation policies that could impact production.- Assessing impacts of climate change on fish populations and migration patterns.- Evaluating market demand and alternative sources of fish protein that could influence production volume adjustments.