The forecast for gutted frozen dab, Limanda production in capture fisheries for human consumption in the UK, shows a consistent decrease over the five-year period from 2024 to 2028. Starting at 565.8 Euros per metric ton in 2024, the price declines to 426.92 Euros per metric ton by 2028. This represents a year-on-year percentage decrease, with a compounded average annual decrease (CAGR) over the five years. In 2023, the production value stood at 600 Euros per metric ton. The observed trend indicates ongoing cost reductions in the industry, possibly influenced by increased supply, lower demand, or cost-cutting advancements in capture methods.
Future trends to watch for include:
- Changes in environmental regulations affecting fishing practices.
- Shifts in consumer demand for sustainable and locally sourced seafood.
- Technological advancements in fisheries that could impact production costs.
