In 2023, the actual production of frozen surmullet in capture fisheries in the UK was slightly above the forecasted 2024 value of 0.058 metric tons. The projections from 2024 to 2028 indicate a steady decline in production, reducing to 0.051 metric tons by 2028. This reflects an approximate annual decline of 3.57% over this five-year forecast period, suggesting a compounded average growth rate (CAGR) of -1.22%. Despite minor fluctuations, the overall trend indicates decreasing production volumes.
Future trends to watch for include potential impacts of regulatory changes, advancements in sustainable fishing practices, and shifts in consumer demand towards alternative seafood options. Additionally, the effect of climate change on marine ecosystems could further influence production levels.
